Section 1. Funds for religious and educational purposes

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Funds for religious and educational purposes

The principal of all funds, arising from the sale, or other disposition of lands, or other property, granted or entrusted to this state for educational and religious purposes, shall be used or disposed of in such manner as the General Assembly shall prescribe by law.

Summary: Legislative authority over school and ministerial lands trust funds

Election Date: May 7, 1968

Votes For Ratification: 847861

Votes Against Ratification: 695368

Percent for Ratification: 55%

Percent Against Ratification: 45%

Notes:

Amendment Source: 1967 SJR 21

Effective Date Source:

Funds for religious and educational purposes

The principal of all funds arising from the sale or other disposition of lands or other property granted or entrusted to this state for educational or religious purposes, shall forever be preserved inviolate and undiminished; and the income arising therefrom shall be faithfully applied to the specific objects of the original grants or appropriations.

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