§ 27-31-85. Disposition of funds collected.
From the taxes levied and collected under and by virtue of Sections 27-31-77 through 27-31-83 inclusive, the chancery clerk shall retain five percent as a fee for the collection thereof, and shall pay the remainder thereof into the proper depository to the credit of the county, one-half to the common county fund and one-half to the county school fund. Such deposit shall be made on or before the 15th day of the month next succeeding that in which such collection may be made. The same percent of collections shall be retained by him from all funds collected by virtue of Section 27-31-75 hereof, and the remainder shall be likewise deposited.
Sources: Codes, 1942, § 9701-08; Laws, 1946, ch. 409, § 8, eff and in force 60 days after passage (approved April 10, 1946).