Idaho State Statutes - Idaho Attorney Directory

[EFFECTIVE UNTIL JULY 1 OF THE YEAR IN WHICH
THE ENDOWMENT FUND INVESTMENT BOARD CERTIFIES TO THE SECRETARY OF STATE THAT
CERTAIN GAINS HAVE BEEN PAID TO THE PUBLIC SCHOOL EARNINGS RESERVE FUND]
"Earnings" shall mean all revenues generated from the management of endowment
lands and their related endowment funds including, but not limited to, timber
sale proceeds, lease fees, interest, dividends, and gains as defined in
section 57-724, Idaho Code. "Earnings" does not include mineral royalties or
land sale proceeds.

57-724A. EARNINGS DEFINED. [EFFECTIVE JULY 1 OF THE YEAR IN WHICH THE
ENDOWMENT FUND INVESTMENT BOARD CERTIFIES TO THE SECRETARY OF STATE THAT
CERTAIN GAINS HAVE BEEN PAID TO THE PUBLIC SCHOOL EARNINGS RESERVE FUND]
"Earnings" shall mean all revenues generated from the management of endowment
lands and their related endowment funds including, but not limited to, timber
sale proceeds, lease fees and gains as determined in section 57-724, Idaho
Code. "Earnings" does not include mineral royalties or land sale proceeds.

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