Kansas Statutes
§ 10-118 — Sinking fund levy to pay bonds maturing at same time
Whenever any municipality has issued bonds the entire amount of which become due and payable at the same time, it shall be the duty of the proper officers of such municipality to levy in each year a sinking fund sufficient to pay the said bonds when due, in addition to the tax necessary to pay the interest thereon.
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Kansas § 10-118 (Sinking fund levy to pay bonds maturing at same time) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
R.S. 1923, § 10-118; December 27.
Nearby Sections
15
§ 10-1001
Bonds to be lien on realty§ 10-1003
Property detached by such change§ 10-1004
Taxes upon detached realty§ 10-1006
Sinking fund used to purchase bonds§ 10-1008
Bonds as claim against property§ 10-101
"Municipality" defined§ 10-102
"Municipal bonds" defined