As Amended
SEC. 29-3-91. Compensation for easement or right of way.
Whenever the United States or any agency thereof, or the state or any agency or subdivision thereof, or any private organization, corporation, association, or person acquires, by condemnation or otherwise, any easement or right of way across any sixteenth section land or lieu land, then adequate compensation therefor shall be paid by the party acquiring the same to the board of education concerned; and the sum or sums so received shall be placed in the principal fund or funds of the school district or districts concerned.
SOURCES: Codes, 1942, Sec. 6598-20; Laws, 1958, ch. 303, Sec. 20; 1964, ch. 405, Sec. 1; 1978, ch. 525, Sec. 37, eff from and after July 1, 1978.