(a) All moneys received by the counties for the support of the public schools from the United States government from the income from the national forests shall be paid by the county treasurer upon receipt from the Treasurer of State only to the school districts that lie in or partially in national forest boundary lines.
(b) The amount of money to be apportioned by the school authorities to the school districts, as provided in this section, shall be in proportion to the number of acres of national forest lands lying within the boundaries of each school district.
Structure Arkansas Code
Subtitle 2 - Elementary and Secondary Education Generally
Subchapter 2 - Management and Apportionment of Funds Generally
§ 6-20-203. Public School Fund — Creation and management
§ 6-20-204. Public School Fund — Sources and purpose
§ 6-20-205. Public School Fund — Arkansas History Textbook Revolving Fund
§ 6-20-206. Public School Fund — Priority of funding
§ 6-20-211. Public School Fund — Carryover balances
§ 6-20-215. General school fund — Sources generally
§ 6-20-216. General school fund — Apportionment generally
§ 6-20-217. General school fund — Funds of doubtful application
§ 6-20-221. County treasurer's commission on school funds — Exceptions
§ 6-20-222. Deposit of school funds — Security
§ 6-20-223. Noncredit remedial courses