161.182. 1. The state board of education shall enter into an agreement on behalf of the state with the Secretary of the United States Department of Health, Education and Welfare to carry out the provisions of the Federal Social Security Act, as amended, (42 U.S.C.A. 301 et seq.) relating to the making of determinations of disability under such act.
2. All moneys paid by the federal government to the state to carry out the agreement referred to in subsection 1 shall be deposited in the state treasury to the credit of a special fund to be known as the "Disability Freeze Fund", which is hereby created. All moneys in the fund shall be disbursed on warrants issued in accordance with requisitions of the state board of education.
(L. 1963 p. 200 § 2-18, A.L. 1973 H.B. 502)Effective 6-14-73