All trust funds which have heretofore been established for the use and benefit of any of the institutions named in Section 37-101-141 out of the proceeds of the sales or leases of any of the land specified in Sections 37-101-141, 37-101-143, as provided either in Chapter 45, Laws of Extraordinary Session of 1898, Chapter 46, Laws of Extraordinary Session of 1898, or Chapter 117, Laws of 1896, shall remain a fund for the use of the institution to which it is credited. The interest thereon shall be paid to such institution by the state in accordance with and as provided in Section 212 of the Constitution of the State of Mississippi.
Structure Mississippi Code
Chapter 101 - Institutions of Higher Learning; General Provisions
Sale of Timber; Mineral Leases
§ 37-101-141. Sale of timber on federally granted lands authorized
§ 37-101-143. Mineral leases of federally granted lands authorized
§ 37-101-145. Procedure for sale or lease
§ 37-101-147. Execution of conveyances and leases
§ 37-101-149. Disposition of proceeds of sale or lease; reports
§ 37-101-151. Continuation of trust funds
§ 37-101-153. Mineral leases of lands of institutions of higher learning authorized
§ 37-101-155. Procedure for lease
§ 37-101-157. Execution of lease
§ 37-101-159. Disposition of proceeds of lease
§ 37-101-161. Relationship of provisions with §§ 37-101-141 through 37-101-151