12-1677.   Investment of public moneys by governmental entities, units andsubdivisions; use of income; records; quarterly report.(a) Except as otherwise required by state or federal law, all moneysearned and collected from investments by counties, areavocational-technical schools and quasi-municipal corporations authorized inthis act shall be credited to the general fund of such county, areavocational-technical school or quasi-municipal corporation by the treasurerthereof, and all moneys earned and collected from investments by schooldistricts authorized in this act shall be credited in accordance with theprovisions of K.S.A. 72-6427, and amendments thereto.

      (b)   The treasurer of each county, school district, areavocational-technical school or quasi-municipal corporation shall maintain acomplete record of all investments authorized in this act and shall make aquarterly written report of such record to the governing body of suchcounty, school district, area vocational-technical school orquasi-municipal corporation.

      History:   L. 1968, ch. 217, § 3; L. 1969, ch. 80, § 2; L. 1973, ch. 63, § 8;L. 1975, ch. 68, § 3;L. 1992, ch. 280, § 50; July 1.