Such trustee shall make full report of the trustee's doings in the month of January following appointment and in January of each successive year. In each of said reports the trustee shall apportion the net proceeds received from the sum total of the permanent fund and make proper credit to each of the separate funds assigned to the trustee in trust.
[S13, § 254-a10; C24, 27, 31, 35, 39, § 10207; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 566.10]
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