29-3-59 - Proceeds of leases. - Mississippi Statutes

§ 29-3-59. Proceeds of leases.
 

All rentals, or other revenue payable under any leases executed pursuant to this chapter shall be paid to and collected by the superintendent of education and shall be credited to the township school fund and used and expended in the same manner and subject to the same restrictions as provided by law in the case of other money belonging to such funds. Any superintendent of education receiving any such revenue shall make annual report thereof to the state superintendent of education. 
 

Sources: Codes, 1930, § 6784; 1942, § 6625; Laws,  1926, ch. 318; Laws, 1930, ch. 278; Laws, 1978, ch. 525, § 28, eff from and after July 1, 1978.