[§173A-10] Proceeds of sale, lease or other disposition. Whenever any such land is sold by any county, that portion of the net proceeds (sale price less actual expenses of sale) of such sale equal to the proportion which the grant by the State bears to the original cost of the land or other property shall be paid to the State. In the event any such land or other property is leased, rented, or otherwise disposed of, that portion of the rental or proceeds equal to the proportion that the grant by the State bears to the original cost of the land or other property shall be paid to the State. [L 1973, c 77, §10]