19-1583. Same; tax levies to pay warrants; surplus funds.
19-1583
19-1583. Same; tax levies to pay warrants; surplus funds.Whenever no-fund warrants are issued under the authority provided bythis act, the board of county commissioners shall make a tax levy at thefirst tax levying period after such warrants are issued, sufficient topay such warrants and the interest thereon. All such tax levies shall bein addition to all other levy authorized or limited by law and shall notbe subject to the aggregate tax levy prescribed by K.S.A. 79-1947, or actsamendatory thereof orsupplemental thereto. Such warrants shall be issued, bear such interest,be registered and redeemed in the manner and in the form prescribed byK.S.A. 79-2940, or any actsamendatory thereof or supplemental thereto, except that they shall notbear the notation required by said section 79-2940 and may be issuedwithout the approval of the state commission of revenue and taxation.Any surplus existing after the redemption of such warrants shall behandled in the manner prescribed by said section 79-2940.
History: L. 1949, ch. 211, § 3; April 8.