12-3722. Self-insurance reserve fund; creation; administration; payments from fund. There is hereby created in the state treasury the self-insurance reserve fund. Such fund shall be administered by the pooled money investment board. Except for investment purposes, no amounts shall be paid from such fund, except upon vouchers approved by the board chairman as authorized by the board acting pursuant to specific authorization in an appropriation act of the legislature, or except as is authorized for transfer to the debt service reserve fund established by K.S.A. 12-3718, and amendments thereto. For investment purposes amounts shall be paid from the fund upon vouchers approved by the chairman as authorized by such board.
History: L. 1973, ch. 360, § 1; L. 1976, ch. 386, § 1; April 12.
Structure Kansas Statutes
Chapter 12 - Cities And Municipalities
Article 37 - Sewage Disposal Facilities And Improvements
12-3713 Bonds may be secured by trust agreement; protection of rights and remedies of bondholders.
12-3714 Moneys deemed to be trust fund; trustee; duties.
12-3715 Enforcement of rights of bondholder or trustee.
12-3722 Self-insurance reserve fund; creation; administration; payments from fund.