10-1112. Issuance of warrants and other evidences of indebtedness unlawful. Unless otherwise provided in this act, it shall be unlawful after May 1, 1933, for the governing body of any municipality to create any indebtedness in excess of the amount of funds actually on hand in the treasury of such municipality at the time for such purpose, or to authorize the issuance of any order, warrant, or check, or other evidence of such indebtedness of such municipality in excess of the funds actually on hand in the treasury of such municipality at the time for such purpose.
History: L. 1933, ch. 319, ยง 12; March 31.
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.