76-6a07. Insurance by lessee; pledge of rentals for construction and equipment; limitations. The nonprofit corporation erecting a building upon grounds leased under the authority of this act shall keep such building and its furniture and equipment adequately insured against loss or damage by fire or other accidental cause and shall have the right to pledge the rentals therefrom, as security for the repayment of an amount which such nonprofit corporation shall borrow for the construction and equipment of such buildings, but no such pledge shall in any manner incur any indebtedness or liability against the state board of regents, the institution at which such building or buildings are constructed, or against the state of Kansas, nor create any lien against said building or buildings or the real estate on which the same may be built: Provided, however, That no indebtedness created hereunder shall exceed the sum of six hundred thousand dollars for any building erected as herein provided: And provided further, That no such indebtedness shall be outstanding for more than two such buildings at any one institution.
History: L. 1941, ch. 364, § 7; L. 1947, ch. 434, § 3; June 30.
Structure Kansas Statutes
Chapter 76 - State Institutions And Agencies; Historical Property
Article 6a - Student Union And Other Buildings
76-6a02 Lease; terms; powers and duties of secretary of administration.
76-6a03 Contract with owners of buildings; terms; cost estimates by secretary of administration.
76-6a04 Fees collected from students; pledge of receipts.
76-6a05 Room or board in dormitory by students; rentals and fees; pledge of incomes.
76-6a06 Moneys to state treasurer; statements; credited to separate fund; disbursements.
76-6a07 Insurance by lessee; pledge of rentals for construction and equipment; limitations.
76-6a08 Fees and charges to be additional.
76-6a10 Bonds exempt from taxation.
76-6a11 Incurring of indebtedness not authorized.
76-6a12 Federal aid for buildings and equipment at state schools.
76-6a13 Revenue bonds for buildings and facilities at educational institutions; definitions.
76-6a13a Construction of certain buildings authorized.
76-6a13b Same; issuance of bonds.
76-6a13c Construction of building authorized; revenue bonds.
76-6a13e Same; revenue bonds authorized; limitation.
76-6a13f Same; use of fees, charges and funds to pay costs; incurring indebtedness prohibited.
76-6a13g Same; contracts with boards or university controlled corporations.
76-6a14 Buildings at educational institutions; powers of boards; prohibitions.
76-6a15 Same; issuance; pledge of revenues; priority of liens where more than one series issued.
76-6a16 Same; revenue bonds not to constitute indebtedness.
76-6a18 Same; refunding bonds; procedures.
76-6a19 Same; covenants and agreements.
76-6a20 Same; deposit of bond sale proceeds; contracts.
76-6a21 Same; disposition of income and revenues; pledge.
76-6a22 Bonds exempt from taxation.
76-6a23 Same; investments in bonds authorized; collateral security for deposit of public funds.
76-6a24 Same; authority and powers conferred by act; invalidity of part.
76-6a29 Construction of certain buildings authorized.
76-6a30 Same; issuance of bonds.
76-6a31 Acquisition of Fairmount Towers authorized.
76-6a33 Construction of parking facility at KUMC authorized.
76-6a34 Same; issuance of bonds.
76-6a35 Construction of medical library at KUMC authorized; issuance of bonds.
76-6a36 Construct and equip coliseum at Kansas state university; issuance of bonds.