27-205. Payment to subdivisions; refunds to United States, when.
27-205
27-205. Payment to subdivisions; refunds to United States, when.Immediately after receiving a payment in lieu of taxes, the countytreasurer shall, without any deduction, apportion and pay it to the severalpolitical subdivisions in accordance with the agreement under which thepayment was received, notwithstanding any other law controlling theexpenditure of county funds. The acceptance by the governing body of apolitical subdivision of its share of a payment in lieu of taxes shall beconstrued as an approval of the agreement under which the payment wasreceived. If any governing body shall refuse to accept a politicalsubdivision's share of a payment in lieu of taxes, the county treasurershall refund the same, without any deduction, to the United States.
History: L. 1941, ch. 202, § 5; April 12.