12-3414. Same; treasurer's bond; deposits and disbursements of funds.
12-3414
12-3414. Same; treasurer's bond; deposits and disbursements of funds.
Before receiving any moneys, the treasurer and deputy
treasurer of a port authority created
in accordance with K.S.A. 12-3402, and amendments thereto, shall
furnish bond in such amount as
shall be determined by the port authority, with sureties satisfactory to
it, and all funds coming into the hands of such
treasurer or deputy treasurer shall be
deposited by the treasurer or deputy treasurer to the
account of the port authority in one or
more such depositories as shall be qualified to receive deposits of county
funds, which deposits shall be secured in the same manner as county funds
are required to be secured. No disbursements shall be made from such funds
except in accordance with rules and regulations adopted by the port
authority.
History: L. 1969, ch. 89, § 14;
L. 1987, ch. 75, § 10; July 1.