12-3722. Self-insurance reserve fund; creation; administration; payments from fund.
12-3722
12-3722. Self-insurance reserve fund; creation; administration; paymentsfrom fund.There is hereby created in the state treasury the self-insurance reservefund. Such fund shall be administered by the pooled money investment board. Except for investment purposes, noamounts shall be paid from such fund, except upon vouchers approved by theboard chairman as authorized by the board acting pursuant to specificauthorization in an appropriation act of the legislature, or except as isauthorized for transfer to the debt service reserve fund established byK.S.A. 12-3718 and amendments thereto. For investment purposes amounts shall be paidfrom the fund upon vouchers approved by the chairman as authorized by suchboard.
History: L. 1973, ch. 360, § 1; L. 1976, ch. 386, § 1; April 12.