The funds arising from the sale of public school, university, and agricultural college lands shall be held intact for the benefit of the funds for which such lands were granted and shall be known as permanent funds, and the interest and rentals only shall be expended for the purpose of the grant. The funds arising from the sale, leasing, and income of all other state lands shall be disposed of as provided by law but, in the absence of any other provisions, may be invested in the same manner as the school fund.
Source: L. 19: p. 650, § 27. C.L. § 1180. CSA: C. 134, § 79. CRS 53: § 112-3-35. C.R.S. 1963: § 112-3-35.
Structure Colorado Code
Title 36 - Natural Resources - General
Article 1 - State Board of Land Commissioners
§ 36-1-101. Record of Proceedings
§ 36-1-101.5. Appointment of Members - Duties
§ 36-1-102. Employees - Director - Bonds - Report
§ 36-1-104. Deed - Execution - Copy of Record
§ 36-1-105. Selection and Location of Lands
§ 36-1-107. Resolution of Selection
§ 36-1-107.5. Long-Term Stewardship Trust - Nomination
§ 36-1-108. Appraisal - Classification - Plat
§ 36-1-110. Books and Plats - Public Records
§ 36-1-112. Fees - Disposition of Fees
§ 36-1-112.5. Fiscal Impact Study
§ 36-1-113. Leases - Rental - Mineral Resources Lands
§ 36-1-114. Adjustment of Rentals
§ 36-1-115. Development of Oil, Gas, or Geothermal Resource Areas
§ 36-1-116. Disposition of Rentals, Royalties, and Timber Sale Proceeds
§ 36-1-117. Leases, Rentals Payable in Advance
§ 36-1-118. Terms of Leasing - Renewals - Sale of Leased Land
§ 36-1-118.3. Immunity From Civil Liability
§ 36-1-119. Purchase of Improvements
§ 36-1-120. Leases - Lands in City Limits
§ 36-1-120.5. Land Subject to Development - Leases
§ 36-1-121. Trespass - Penalty - Bond
§ 36-1-122. Platting and Sale in Lots and Blocks
§ 36-1-123.5. Sale or Lease of State Lands for Federal Military Real Property Expansion
§ 36-1-124. Sale of State Lands
§ 36-1-124.3. Acquisition of State Trust Lands by Governmental Entities
§ 36-1-124.5. Nonsimultaneous Exchanges of State Trust Lands - Fund
§ 36-1-125. Reservations of Rights on Sale
§ 36-1-126. Delinquent Payments
§ 36-1-127. Forfeiture - New Sale
§ 36-1-128. Place of Payment - Venue
§ 36-1-131. State Land Board Hearings - Rules
§ 36-1-132. Lands Sold Subject to Taxation
§ 36-1-133. Rebate of Taxes on Reverted Land
§ 36-1-134. Proceeds of Sale - Funds
§ 36-1-135. Proceeds of Leases - Disposition
§ 36-1-136. Rights-of-Way Granted - Reversion
§ 36-1-137. Sale of Lands to Procure Irrigation
§ 36-1-138. Mineral Section - Personnel - Duties
§ 36-1-140. Mineral Locations - Posting - Lease
§ 36-1-141. Exchange of Lands With Government
§ 36-1-142. Receipts From Agricultural Lands
§ 36-1-143. Statement to Board of Governors of the Colorado State University System
§ 36-1-144. Agreements With General Agencies
§ 36-1-145. Land Commissioners' Receipts - Appropriation
§ 36-1-148. Land and Water Management Fund
§ 36-1-149. Cultivation of State Land - Legislative Declaration
§ 36-1-150. Conservation Easements
§ 36-1-151. Public Schools - Access to State Lands
§ 36-1-152. Public School Districts - Charter Schools - Lease, Purchase, or Other Use of State Lands
§ 36-1-153. Investment and Development Fund
§ 36-1-153.5. Annual Income and Inventory Report
§ 36-1-153.7. Commercial Real Property Operating Fund - Created