12-3414. Same; treasurer's bond; deposits and disbursements of funds. Before receiving any moneys, the treasurer and deputy treasurer of a port authority created in accordance with K.S.A. 12-3402, and amendments thereto, shall furnish bond in such amount as shall be determined by the port authority, with sureties satisfactory to it, and all funds coming into the hands of such treasurer or deputy treasurer shall be deposited by the treasurer or deputy treasurer to the account of the port authority in one or more such depositories as shall be qualified to receive deposits of county funds, which deposits shall be secured in the same manner as county funds are required to be secured. No disbursements shall be made from such funds except in accordance with rules and regulations adopted by the port authority.
History: L. 1969, ch. 89, § 14; L. 1987, ch. 75, § 10; July 1.
Structure Kansas Statutes
Chapter 12 - Cities And Municipalities
12-3401 Port authorities; definitions.
12-3404 Same; employees; advisory board; professional help.
12-3405 Same; area of jurisdiction.
12-3409 Same; validity of modification, amendment or extension of plan.
12-3411 Same; inapplicability to other laws.
12-3413 Same; budget; rents and charges; surplus of funds, use.
12-3414 Same; treasurer's bond; deposits and disbursements of funds.
12-3416 Port authorities; conditions of bonds; negotiability.
12-3417 Same; bonds; installment payment of bonds; conversion provisions.
12-3420 Same; issuance of bonds and refunding bonds; approval required.
12-3422 Same; pledges of revenues and income; powers of board of directors.
12-3423 Same; agreement with federal government.
12-3424 Same; segregation and use of proceeds; contracts for buildings and facilities.
12-3425 Same; approval of bonds by attorney general; effect.
12-3426 Same; investments in bonds of authority authorized.
12-3428 Same; sale of bonds; conditions.
12-3429 Same; emergencies; contracts.
12-3430 Same; oath and bond of trustees.
12-3431 Same; meetings open to public; records.