Kansas § 12-3424 Same; segregation and use of proceeds; contracts for buildings and facilities

Kansas Statutes

§ 12-3424 — Same; segregation and use of proceeds; contracts for buildings and facilities

Kansas § 12-3424

Ch. 12CITIES AND MUNICIPALITIES

Art. 34PORT AUTHORITIES

This text of Kansas § 12-3424 (Same; segregation and use of proceeds; contracts for buildings and facilities) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 12-3424 (2026).

Text

The proceeds to be derived from the sale of bonds herein authorized shall be segregated and used solely for the purpose for which the bonds are authorized. The board of directors of a port authority is authorized to make any contracts and execute all instruments which in its discretion may be deemed necessary or advisable to provide for the construction, furnishing and equipping of any building or facility as herein defined.

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The proceeds to be derived from the sale of bonds herein authorized shall be segregated and used solely for the purpose for which the bonds are authorized. The board of directors of a port authority is authorized to make any contracts and execute all instruments which in its discretion may be deemed necessary or advisable to provide for the construction, furnishing and equipping of any building or facility as herein defined.