Kansas Statutes
Article 23 - Development Credit Corporations; Housing Laws
17-2355 Same; additional remedies conferrable by municipality.

17-2355. Same; additional remedies conferrable by municipality. A municipality shall have power by its resolution, trust indenture, mortgage, lease or other contract to confer upon any obligee the right (in addition to all rights that may otherwise be conferred), upon the happening of an event of default as defined in such resolution or instrument, by suit, action or proceeding in any court of competent jurisdiction to:
(a) Cause possession of any housing project or any part thereof to be surrendered to any such obligee.
(b) Obtain the appointment of a receiver of any housing project of said municipality or any part thereof and of the rents and profits therefrom, and provide that, if a receiver be appointed, he may enter and take possession of such housing project or any part thereof and operate and maintain same, and collect and receive all fees, rents, revenues, or other charges thereafter arising therefrom, and keep such moneys in a separate account or accounts and apply the same in accordance with the obligations of the municipality as the court shall direct.
(c) Require said municipality and the officers, agents and employees thereof to account as if it and they were the trustees of an express trust.
History: L. 1957, ch. 132, § 19; L. 1973, ch. 96, § 15; July 1.

Structure Kansas Statutes

Kansas Statutes

Chapter 17 - Corporations

Article 23 - Development Credit Corporations; Housing Laws

17-2328 Organizations to provide development credit; creation.

17-2329 Same; purposes and powers.

17-2330 Same; capital stock.

17-2331 Same; directors; election; removal; vacancies; oaths.

17-2332 Same; membership of organization; limitation and apportionment of loans by members; withdrawal.

17-2333 Same; surplus.

17-2334 Same; restrictions on deposits.

17-2335 Same; supervision by bank commissioner.

17-2336 Housing bonds legal investments for banking and insurance institutions; authorized security for public deposits.

17-2337 Title of act.

17-2338 Legislative findings; declaration of necessity.

17-2339 Definitions.

17-2340 Housing authority by municipalities; creation; delegation of authority; powers.

17-2341 Commissioners of authority; appointment, qualifications, terms, compensation, meetings, officers.

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.

17-2360 Advisory boards.

17-2361 Acquisition of property; eminent domain.

17-2362 Aid and cooperation in planning, constructing or operating projects.

17-2363 Reports and recommendations.

17-2364 Invalidity of part.

17-2365 Act controlling; administrative actions.