Kansas § 76-7,119 Same; bonds not a state obligation

Kansas Statutes

§ 76-7,119 — Same; bonds not a state obligation

Kansas·Ch. 76 STATE INSTITUTIONS AND AGENCIES; HISTORICAL PROPERTY·Art. 7 STATE EDUCATIONAL INSTITUTIONS; MANAGEMENT AND OPERATION

Neither the state nor the state board shall have the power to pledge the full faith and credit or taxing power of the state of Kansas for such purposes and any payment by the state board for such purposes shall be subject to and dependent on appropriations by the legislature. Any obligation of the state board for payment of debt service on bonds and any such bonds issued for the purposes set forth in K.S.A. 76-7,120, and amendments thereto, shall not be considered a debt or obligation of the state for the purpose of section 6 of article 11 of the constitution of the state of Kansas.

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Neither the state nor the state board shall have the power to pledge the full faith and credit or taxing power of the state of Kansas for such purposes and any payment by the state board for such purposes shall be subject to and dependent on appropriations by the legislature. Any obligation of the state board for payment of debt service on bonds and any such bonds issued for the purposes set forth in K.S.A. 76-7,120, and amendments thereto, shall not be considered a debt or obligation of the state for the purpose of section 6 of article 11 of the constitution of the state of Kansas.

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