30 U.S.C. § 603

Disposition of moneys from disposal of materials

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All moneys received from the disposal of materials under this subchapter shall be disposed of in the same manner as moneys received from the sale of public lands, except that moneys received from the disposal of materials by the Secretary of Agriculture shall be disposed of in the same manner as other moneys received by the Department of Agriculture from the administration of the lands from which the disposal of materials is made, and except that revenues from the lands described in subchapter I of chapter 44 of title 43 and subchapter III of chapter 44 of title 43 shall be disposed of in accordance with said subchapters and except that moneys received from the disposal of materials from school section lands in Alaska, reserved under section 1 of the Act of March 4, 1915 (38 Stat. 1214), shall be set apart as separate and permanent funds in the Territorial Treasury, as provided for income derived from said school section lands pursuant to said Act.

Notes of Decisions

Cited in 1 case, 1963–1963 · leading case: United States v. Toole, 224 F. Supp. 440 (D. Mont. 1963).

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United States v. Toole, 224 F. Supp. 440 (D. Mont. 1963). “The Materials Act was amended in 1950 to provide that moneys recovered from the disposition of materials from school lands in Alaska should be paid into the territorial school fund (30 U.S. C.A. § 603). The amendment further provided (§ 604) that the Secretary of the Interior…”

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