The commissioner of school and public lands shall on or before the fifteenth day of December of each year furnish to the treasurer of each county a full statement of the principal and interest on sales and rental on term leases falling due in such county on the first day of January following.

Source: SL 1911, ch 224 , § 63; RC 1919, § 5703; SDC 1939, § 15.0602; SL 1980, ch 46 , § 2.