49-2-403 - State funding.

49-2-403. State funding.

All municipalities establishing common schools under this part shall be entitled to receive their proportions of the general school fund of the state, to be applied with the fund collected under §§ 49-2-401 and 49-2-402.

[Acts 1872, ch. 12, § 4; Shan., § 1976; mod. Code 1932, § 3388; T.C.A. (orig. ed.), § 49-305.]