Section 2. Permanent school fund
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Permanent school fund
The permanent school fund of the state shall consist of the proceeds of sales of Sections Two, Sixteen, Thirty-Two and Thirty-Six in each township of the state, or the lands selected in lieu thereof; the proceeds of sales of all lands that have been or may hereafter be granted to the state not otherwise appropriated by the terms and conditions of the grant; such portion of the proceeds of sales of land of the United States within the state as has been or may be granted by congress; all earnings, including interest, dividends and capital gains from investment of the permanent school fund; also all other grants, gifts and devises made to the state, the purpose of which is not otherwise specified.
Permanent school fund
The permanent school fund of the State shall consist of the proceeds of sales of sections two, sixteen, thirty-two, and thirty-six in each township of the State, or the lands selected in lieu thereof; the proceeds of sales of all lands that have been or may hereafter be granted to the State not otherwise appropriated by the terms and conditions of the grant; such. portion of the proceeds of sales of lands of the United States within the State as has been or may be granted by Congress; also all other grants, gifts, and devises made to the State, the purpose of which is not otherwise specified.