Kansas § 68-437 City authorized to pay state's share of cost of highway improvements; general obligation bonds

Kansas Statutes

§ 68-437 — City authorized to pay state's share of cost of highway improvements; general obligation bonds

Kansas § 68-437

Ch. 68ROADS AND BRIDGES

Art. 4STATE HIGHWAYS

This text of Kansas § 68-437 (City authorized to pay state's share of cost of highway improvements; general obligation bonds) 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. § 68-437 (2026).

Text

When the governing body of any city determines it is desirable to pay the state's share of the cost of highway improvement in such city, the governing body may issue general obligation bonds of the city in the manner provided by K.S.A. 68-438. The bonds shall be authorized, issued, registered and sold in the manner prescribed by the general bond law and shall bear interest at a rate not to exceed the maximum rate prescribed by K.S.A. 10-1009, and amendments thereto. General obligation bonds issued by a city under the authority of this section shall not be subject to any limitation on the bonded indebtedness of the city.

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When the governing body of any city determines it is desirable to pay the state's share of the cost of highway improvement in such city, the governing body may issue general obligation bonds of the city in the manner provided by K.S.A. 68-438. The bonds shall be authorized, issued, registered and sold in the manner prescribed by the general bond law and shall bear interest at a rate not to exceed the maximum rate prescribed by K.S.A. 10-1009, and amendments thereto. General obligation bonds issued by a city under the authority of this section shall not be subject to any limitation on the bonded indebtedness of the city.