10-1102. Citation of act; cash basis for municipalities. (a) K.S.A. 10-1101 through 10-1122, and amendments thereto, shall be known and may be cited as the cash-basis law.
(b) All municipalities are required to pay or refinance their valid indebtedness as provided in the cash-basis law, in the manner and at the times herein set forth, and to contract no indebtedness after May 1, 1933, except as provided by the cash-basis law. It is hereby declared that the purpose of this act is to provide for the funding and payment of all legal debts and obligations except present bonded indebtedness of all municipalities and for the future conduct of the financial affairs of such municipality upon a cash basis.
History: L. 1933, ch. 319, § 2; L. 2003, ch. 25, § 1; April 10.
Structure Kansas Statutes
Chapter 10 - Bonds And Warrants
10-1102 Citation of act; cash basis for municipalities.
10-1112 Issuance of warrants and other evidences of indebtedness unlawful.
10-1113 Creating indebtedness in excess of funds unlawful; exceptions.
10-1114 Clerks not to issue or sign orders.
10-1115 Treasurers not to pay orders.
10-1116a Cash-basis law; exemptions.
10-1116c Lease-purchase agreements; conditions; protest petition and election, when.
10-1119 Void contracts and orders.
10-1120 Excess tax levying not basis of protest.