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Water and Irrigation | |
Consolidation of Water Companies and Conservation Districts | |
Section 3 | Disposition of proceeds. |
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73-11-3. Disposition of proceeds. The money derived from the sale or lease of such excess stock shall go to the reservoir land grant fund until the principal of the loan or loans made to the Carbon Water Company, or its predecessors, the interest thereon, and advances made by the state in connection therewith, are fully paid, and thereafter the money derived from the sale or lease of said stock go to the state school fund.
No Change Since 1953 |
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