12-803

Chapter 12.--CITIES AND MUNICIPALITIES
Article 8.--PUBLIC UTILITIES

      12-803.   Same; bond limitation.No bonds in excess of fifteen percentum of the assessed valuation oftangible property in such city shall be issued under the authority ofK.S.A. 12-801 and 12-802, and such bonds may be issued by any city withoutregard to the statutory limitations of bonded indebtedness of such city andshall not be included in computing the total bonded indebtedness of suchcity within the meaning of other statutes limiting such bondedindebtedness.

      History:   L. 1905, ch. 101, § 4; R.S. 1923, § 12-803; L. 1951, ch. 133, § 1;March 26.