79-3121. Exemption of refunded stamped secured debts from further taxation. Any and all bonds, debentures or obligations for the payment of money issued by any state, foreign government, or political subdivision thereof, which have heretofore been stamped and rendered exempt from taxation under the provisions of chapter 327 [*], Laws of Kansas 1927, which have been or may be refunded, shall be entitled to be made exempt from further taxation for the period for which the tax was paid on the original secured debts stamped under the provisions of said act, regardless of such refunding, as hereinafter provided.
History: L. 1933, ch. 324, ยง 1; March 27.
* "Chapter 327," repealed by L. 1930, ch. 19 (Special Session).
Structure Kansas Statutes
Article 31 - Mortgage Registration And Intangibles
79-3109b Purpose for intangible property tax exemption.
79-3109c Property exempt from taxation; money, notes and other evidence of debt.
79-3109e Application of 79-3109b to 79-3109e, inclusive.
79-3121 Exemption of refunded stamped secured debts from further taxation.
79-3122 Certification and registration by county treasurer.