10-110.   Updating bond register by state treasurer; reports ofoutstanding debt; records of cancellations; unlawful acts; penalty.(a) The state treasurer shall update the bond register continually byshowing therein the information specified in K.S.A. 10-111, and amendmentsthereto, and by showingpayments made through fiscal agents other than the state treasurer asinformation thereof is received. In addition to the report specified inK.S.A. 10-1007a, and amendments thereto, the clerk, secretary or otherrecording officer of each municipality shall furnish a sworn statement ofall outstanding bonded indebtedness in such form as and whenever the statetreasurer requires.

      (b)   If any municipality shall at any time take up, refund or pay off anybonds or coupons other than through a duly designated fiscal agency, theclerk, secretary or other recording officer of the municipality shall cancelthe same and shall within 30 days thereafter present the bonds orcoupons to the state treasurer for cancellationand entry thereofon the bond register of the state treasurer. If the municipality has afiscal agent other than the state treasurer, it shall, within the periodof 30 days, give written notice of such payment and cancellationto the fiscal agent.

      (c)   Whenever a municipality has a fiscal agent other than the statetreasurer, such fiscal agent shall cancel all bonds and any coupons paid by itand within 30 days thereafter shall notify the state treasurer andthe municipality in the manner required by the state treasurer.

      (d)   Failure to furnish statement or make cancellation is the failure ofa clerk, secretary or other recording officer of a municipality to furnishthe sworn statement provided for in subsection (a) when required to do soby the state treasurer, or the failure of such an officer to present any bondsor coupons to the state treasurer for cancellation as provided in thissection.

      Failure to furnish statement or make cancellation is a class Cmisdemeanor.

      History:   R.S. 1923, § 10-110; L. 1933, ch. 34, § 2 (SpecialSession); L. 1969, ch. 63, § 1; L. 1974, ch. 45, § 5; L. 1983, ch.49, § 24; May 12.