Section 7-31-13 - Apportionment of rental proceeds from school mortgage lands.
7-31-13. Apportionment of rental proceeds from school mortgage lands. The rental proceeds from real estate acquired by counties in satisfaction of a school-loan mortgage or through foreclosure of such shall be distributed as provided by existing laws.
Source: SL 1939, ch 25, § 8; SL 1945, ch 35; SDC Supp 1960, § 12.3411 (2).