2-3008. Assessments; collection; deposit in commission account; security for accounts.
2-3008
2-3008. Assessments; collection; deposit in
commission account; security for accounts.
(a) The
assessment imposed pursuant to this act shall on
or before the 20th day of
the calendar month following the date of settlement be paid by the purchaser
to the secretary. The secretary
shall issue a
receipt to the
purchaser for such assessment.
The secretary shall deposit all moneys received in payment of such assessment
in a bank account established in the name of the commission in accordance with
the provisions of this act.
(b) Each bank account used in operating and conducting the commission's
duties shall be secured by a pledge of securities in the manner prescribed for
state bank accounts as provided under K.S.A. 75-4218, and amendments
thereto.
History: L. 1977, ch. 4, § 8;
L. 1978, ch. 1, § 2;
L. 1991, ch. 6, § 5;
L. 1996, ch. 209, § 18;
L. 2000, ch. 116, § 7; July 1.