13-1252. Revenue bonds for water and electricity in certain cities over 120,000; definitions.
13-1252
13-1252. Revenue bonds for water and electricity in certain cities
over 120,000; definitions.
"Municipality" as used in this act means municipality as defined by
K.S.A. 10-101. "Utility" as used in this act means any instrumentality or
facility of a revenue-producing character owned and operated by a
municipality or operated for such municipality by a board of control or
board of public utilities, as provided by law, for use in serving the
public with water and electricity. "Revenue bonds" as used in this act
means bonds issued by any municipality in this state to be paid exclusively
from the revenue derived from the operation of such utility.
History: L. 1941, ch. 142, § 1; June 30.