74-8124. Same; transfer of powers and duties to department of commerce and secretary of commerce; transfer of fund balances to department of commerce; transfer of employees to department of commerce. Except as otherwise provided in K.S.A. 74-8127 through 74-8129, and amendments thereto, on the effective date of this act:
(a) All of the powers, duties and functions of the Kansas technology enterprise corporation are hereby transferred to and conferred and imposed upon the department of commerce and the secretary of commerce.
(b) The director of accounts and reports shall transfer all balances for all funds or accounts thereof appropriated or reappropriated for the Kansas technology enterprise corporation to the department of commerce.
(c) All liabilities of the Kansas technology enterprise corporation, including accrued compensation or salaries of officers and employees who are transferred to the department of commerce under this section shall be assumed and paid by the department of commerce.
History: L. 2011, ch. 104, ยง 2; June 2.
Structure Kansas Statutes
Chapter 74 - State Boards, Commissions And Authorities
Article 81 - Kansas Technology Enterprise Corporation
74-8104 Powers; exemption from state purchasing laws; certain records secure.
74-8108 Small business innovation research matching grant bridge financing programs.
74-8108a Review of small business innovation research bridge financing program.
74-8113 Employees of Kansas technology enterprise corporation.
74-8114 Disposition of moneys.
74-8116 State patent depository library; designation of state agency therefor; grant to establish.
74-8123 Abolition of Kansas technology enterprise corporation.
74-8129 Same; transfer of certain property and records to board of regents; resolution of conflicts.
74-8130 Same; rights preserved in legal actions and proceedings.
74-8130a Effective date for certain sections.
74-8131 Citation of act; purpose.
74-8135 Same; designation upon determination that criteria satisfied; reporting requirements.