17-2334. Same; restrictions on deposits. Such corporation shall not deposit any of its funds in any banking institution unless such institution has been designated as a depository by a vote of a majority of the directors, exclusive of the vote of any director who is an officer or director of the depository so designated. Such corporation shall not receive money on deposit.
History: L. 1955, ch. 144, ยง 7; June 30.
Structure Kansas Statutes
Article 23 - Development Credit Corporations; Housing Laws
17-2328 Organizations to provide development credit; creation.
17-2329 Same; purposes and powers.
17-2331 Same; directors; election; removal; vacancies; oaths.
17-2334 Same; restrictions on deposits.
17-2335 Same; supervision by bank commissioner.
17-2338 Legislative findings; declaration of necessity.
17-2340 Housing authority by municipalities; creation; delegation of authority; powers.
17-2343 Removal of commissioners, when; hearing.
17-2344 Determinations by governing body.
17-2345 Powers of governing body.
17-2346 Operation of housing projects; nonprofit; fixing rentals; non-dwelling facilities, rental.
17-2347 Housing rentals and tenant admissions; non-dwelling facilities, tenants and rental.
17-2348 Cooperation between municipalities and housing authorities.
17-2349 Municipal housing; exemption from special assessments; payments in lieu of taxes.
17-2350 Planning, zoning and building laws.
17-2351 Issuance of revenue bonds; types; exempt from taxation.
17-2352 Bonds of municipality; resolution; terms and conditions.
17-2353 Same; bond provisions; trust indentures; mortgages.
17-2354 Remedies of an obligee.
17-2355 Same; additional remedies conferrable by municipality.
17-2356 Exemption of property from execution sale, when.
17-2357 Aid from federal government.
17-2358 Transfer of possession or title to federal government; contracts.
17-2359 Validity of bonds; certificate of auditor of state.
17-2361 Acquisition of property; eminent domain.
17-2362 Aid and cooperation in planning, constructing or operating projects.