Board of regents may lease lands for oil, gas or other minerals; disposition of proceeds

76-168. Board of regents may lease lands for oil, gas or other minerals; disposition of proceeds. All proceeds of such leases shall be remitted to the state treasurer in accordance with the provisions of K.S.A. 75-4215, and amendments thereto. Upon receipt of each such remittance, the state treasurer shall deposit the entire amount in the state treasury to the credit of separate funds for the use and benefit of the proper state institutions entitled to such proceeds under rules and regulations adopted by the board of regents, approved by the attorney general, and filed with the secretary of state as provided by law. History: L. 1943, ch. 268, § 5; L. 1988, ch. 366, § 27; L. 2001, ch. 5, § 413; July 1. CASE ANNOTATIONS 1. Land acquired by federal act for college benefit; act and lease construed. State, ex rel., v. Board of Regents, 176 Kan. 179, 181, 269 P.2d 425. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026