10-602. Assignments; release from registration. After the registration of any bond it shall be negotiable only by formal assignment before a notary public, identifying the bond assigned by the name of the municipality issuing the same, the number, date, amount, and said assignment shall be acknowledged the same as conveyances of real property. All assignments of bonds shall be forwarded to the state treasurer for endorsement on the state treasurer's records, which record shall set forth the name and address of the assignee, except when it is the desire of the registered owner to release the bond from registration and further assignment, in which case the bond shall be assigned to "bearer," and by the state treasurer so endorsed upon his or her records. The state treasurer shall have printed such forms as may be necessary for use in making such assignments which shall be delivered to persons desiring the same on request.
History: L. 1923, ch. 225, § 2; R.S. 1923; § 10-602; L. 1927, ch. 93, § 1; June 1.
Structure Kansas Statutes
Chapter 10 - Bonds And Warrants
Article 6 - Registration Of Bonds
10-601 Registration of bonds by state treasurer; notations; coupons; transfers; negotiability.
10-602 Assignments; release from registration.
10-603 Payment of bonds; deposit in bond services fee fund.
10-605 Negotiability of coupons.
10-607 Same; redemption of bonds.
10-622 Purpose of registration; federal requirement.
10-623 Systems of registration; approval by attorney general.
10-624 Uncertificated bonds; statement of rights; facsimile signatures.
10-626 Costs of system of registration; fees and charges.
10-628 State treasurer; municipal securities rulemaking board requirements.
10-629 Bonds pledgeable as a security for public deposits.
10-630 Registration records; exempt from public inspection.
10-632 Provisions to be construed with uniform commercial code and contract law.