Colorado Code § 34-63-101

State treasurer to receive and distribute mineral leasing payments. In
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accordance with the provisions of section 35 of the federal "Mineral Lands Leasing Act" of
February 25, 1920, as amended, the state treasurer is directed to deposit and distribute any
moneys now held or to be received by the state of Colorado from the United States as the state's
share of sales, bonuses, royalties, and rentals of public lands within this state, for the benefit of
the public schools and political subdivisions of this state and for other purposes in accordance
with the provisions of sections 34-63-102 and 34-63-103.

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