Kansas Statutes
§ 12-8,101 — Same; not subject to general bond law; exempt from taxation; negotiable instruments
(a)Any bonds issued under the provisions of this act shall not be subject to the general bond laws of the state of Kansas.
(b)All bonds issued in accordance with the provisions of this act and all income or interest therefrom shall be exempt from all state taxes.
(c)All bonds issued under the provisions of this act shall be negotiable instruments under the provisions of the uniform commercial code of the state of Kansas.
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Kansas § 12-8,101 (Same; not subject to general bond law; exempt from taxation; negotiable instruments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
L. 1977, ch. 48, § 17; L. 2010, ch. 44, § 5; July 1.
Nearby Sections
15
§ 12-1,102
Same; definitions§ 12-1,103a
Same; tax situs§ 12-1,106
Same; time of payment; collection§ 12-1,107
Same; disposition of tax receipts§ 12-1,109
Same; exemptions§ 12-1,110
Same; rules and regulations§ 12-1,120
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