Kansas Statutes
§ 12-875 — Same; investment of funds
Kansas § 12-875
This text of Kansas § 12-875 (Same; investment of funds) 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. § 12-875 (2026).
Text
The city or the authority shall have power to invest and reinvest any funds held in reserve or sinking funds not required for immediate disbursement, in investments authorized by K.S.A. 12-1675, and amendments thereto, in the manner prescribed therein or in bonds or notes of the United States, bonds of the state of Kansas or bonds of any county or city of the first class in which said authority is located or in bonds of the authority at not to exceed their par value or their call price and to sell these securities whenever the funds are needed for disbursement. Such investment or reinvestment of any funds shall not be in conflict with any provisions of any trust agreement securing the payment of bonds of the city or the authority.
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Related
§ 12-1675
Kansas § 12-1675
Legislative History
L. 1974, ch. 260, § 6; L. 1977, ch. 54, § 6; 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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Bluebook (online)
Kansas § 12-875, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/12-875.