10-1006. Sinking fund used to purchase bonds. Whenever any county, city, township or school district in this state shall owe any outstanding and unmatured bonds, and at the same time shall have in its treasury any sinking funds raised to pay such bonds, the proper officers of such county, city, township or school district may use such funds to purchase or pay any of such bonds and cancel the same, whenever they can be so purchased or paid at or below par, or at such reasonable price above par as may be requested by a majority of the resident taxpayers of such county, city, township or school district, and which request may be made by a written petition to that effect, directed to such officers.
History: L. 1905, ch. 72, § 1; March 21; R.S. 1923, § 10-1006.
Structure Kansas Statutes
Chapter 10 - Bonds And Warrants
Article 10 - Miscellaneous Provisions
10-1001 Bonds to be lien on realty.
10-1002 Change of boundary as affecting taxation to pay bonds previously issued.
10-1003 Property detached by such change.
10-1004 Taxes upon detached realty.
10-1005 Cancellation of bonds after final judgment.
10-1006 Sinking fund used to purchase bonds.
10-1007a Annual statement of indebtedness of municipality to county clerk; contents; deadlines.
10-1008 Bonds as claim against property.
10-1009 Municipal bonds or obligations; interest rates; limitation.