Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:12-1744
Chapter Title:CITIES AND MUNICIPALITIES
Article Title:BUILDINGS, STRUCTURES AND GROUNDS
Tax Type:Corporate Income Tax
Brief Description:Same; pledge of facility and earnings.
Keywords:


Body:

12-1744. Same; pledge of facility and earnings. The governing body of the city by ordinance or the board of county commissioners by resolution may pledge the facility and the net earnings therefrom to the payment of the revenue bonds and the interest thereon, and may provide that the net earnings thereof shall be set apart as a sinking fund for that purpose.
History: L. 1961, ch. 81, 5; L. 1981, ch. 74, 8; July 1.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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