42 STATE LAND LAWS 



SECS. 40-41 FUNDS. 



Lands, shall quarterly on the first of January, April, July and 

 October file with the state auditor a sworn statement of the 

 amount of moneys on deposit with it to the credit of the Com- 

 missioner of Public Lands, together with a computation of the 

 interest earned thereon at the rate fixed by the state board of 

 finance, said computation and statement of interest to be com- 

 puted upon the daily balance on deposit by the commissioner, 

 and said statement or computation shall also be made to the 

 state board of finance. The interest shall thereupon be forth- 

 with remitted by the depositary to the state treasurer and by 

 him placed in and credited to the general fund. (Laws '11, p. 

 301, sec. 5; 3 Rem.-BaL, sec. 5070-5; 485 sec. 179 Pierce.) 

 State Depositories: See note to sec. 37, ante. 



SEC. 40. STATEMENT OF DEPOSITORY WHAT TO CONTAIN. 



The statements required of the depositaries shall be upon such 

 forms as may be prescribed by the state board of finance, and 

 shall be accompanied by the affidavit of the president and cashier 

 of such depositary, to the effect that it is in all respects true and 

 correct, and that except for the interest therein credited, neither 

 said depositary nor any officer, agent or employes thereof, nor 

 any person in its behalf, has in any way whatsoever given, paid 

 or rendered, or promised to give, pay or render to any member 

 of the state board of finance, or to any person or corporation 

 whatever, any money, credit, service or benefit whatsoever by 

 reason or in consideration of a deposit with it of any portion 

 of the moneys in the custody, possession or control of the Com- 

 missioner of Public Lands. Any person who shall make any 

 false statement in any affidavit required by this section shall be 

 guilty of perjury. (Laws '11, p. 301, sec. 6; 3 Rem.-Bal., sec. 

 5070-6; 485 sec. 181 Pierce.) 



SEC. 41. INTEGRITY OF GRANTS PROCEEDS OF SALE. 



All funds arising from the sale of lands granted to the State 

 of Washington, for any purpose, shall be held intact for the 

 purpose for which they were granted. Lands, when selected and 

 assigned to said grant, shall not be transferred to any other 



