(1) On or before the second Wednesday in December of every year, the state board of land commissioners shall furnish to the board of governors of the Colorado state university system a complete statement of all transactions had by it in connection with agricultural college lands, which statement shall show: (a) Amounts received from sales of such lands, describing the lands sold and the price received for each tract and giving the name of the purchaser; (b) Amounts received from leases and royalties, describing the lands leased from which such income is derived and giving the name of the lessee or operator; (c) Amounts received as interest on purchase money and other items, giving the name of the payer; (d) Amounts due and unpaid on purchases and leases and other delinquencies, if any; (e) Such other items as will enable said board of governors of the Colorado state university system to keep informed as to the condition of said lands, the income therefrom, and the manner in which the same are being administered.
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