The Commissioners of the Land Office shall apportion the income accruing from the Permanent School Fund. All monies remaining in the hands of the Commissioners of the Land Office and in the State Treasury at the close of each calendar month shall be apportioned and paid over to the schools by the last business day of the following month.

R.L. 1910, § 7657; Amended by Laws 1917, HB 280, c. 244, § 1; Amended by Laws 1992, SB 741, c. 111, § 6, emerg. eff. April 21, 1992; Amended by Laws 1999, SB 60, c. 118, § 1, eff. April 26,1999 (superseded document available); Amended by Laws 2010, HB 3026, c. 41, § 50, emerg. eff. April 2, 2010 (superseded document available).