Mississippi Code
Miss. Code Ann. § 29-3-109 (2026)
Crediting of funds derived from lands
✓ current as of July 2026
All expendable funds derived from sixteenth section or lieu lands shall be credited to the school districts of the township in which such sixteenth section lands may be located, or to which any sixteenth section lieu lands may belong. Such funds shall not be expended except for the purpose of education of the educable children of the school district to which they belong, or as otherwise may be provided by law.
The board of education shall require additional securities from the county depository when necessary to protect such funds and, in the event of their failure so to do, they shall be liable therefor upon their official bond.
Codes, 1942, § 6598-02; Laws, 1958, ch. 303, § 2; Laws, 1978, ch. 525, § 41, eff. 7/1/1978.
Notes of Decisions
Cited in 4
cases (1 in the last 5 years), 1986–2022 · leading case: Papasan v. Allain, 478 U.S. 265 (1986).
Papasan v. Allain, 478 U.S. 265 (1986). “Most important *273 for purposes of this case, however, is Miss. Code Ann. § 29-3-109 (Supp. 1985), which provides: "All expendable funds derived from sixteenth section or lieu lands shall be credited to the school districts of the township in which such sixteenth section lands…”
Jones Cnty. Sch. Dist. v. Mississippi Dep't of Revenue, 111 So. 3d 588 (Miss. 2013). “” (citing Miss.Code Ann. 29-3-109 (Rev.2010)). ¶ 63.”
Jones Cnty. Sch. Dist. v. Mississippi State Oil & Gas Bd. (Miss. 2011). “” (citing Miss. Code Ann. 29-3-109 (Rev. 2010)). 27 ¶63.”
Wayne Cnty. Sch. Dist. v. Quitman Sch. Dist. & The Sch. Bd. of The Quitman Sch. Dist. v. Keith Clay, Ben Graves, Leah Parson, Fred Andrews, Charles Chapman, Jimmy D. Barnett, & Terry Graham (Miss. 2022). “” Miss. Code Ann. § 29-3-109 (Rev. 2010). Id.”
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