10-1113.Creating indebtedness in excess of funds unlawful;
exceptions.
Unless otherwise provided in this act, it shall be unlawful after May 1,
1933, for any member of any governing body of any municipality to knowingly
vote for or in any manner aid or promote the passage or adoption of any
order, motion, ordinance, resolution, legislation or other act of said
governing body, creating an indebtedness in excess of the amount of funds
actually on hand in the treasury of such municipality at the time for such
purpose, or to knowingly vote for the drawing of any order, warrant or
check, or other evidence of such indebtedness on the treasury of said
municipality, in payment of any such indebtedness, in excess of the amount
of funds actually on hand in the treasury at the time for such purpose.
School districts and community junior colleges, may, however, issue
cancelable purchase orders for school supplies and equipment, school buses,
books purchased in conjunction with textbook rental programs and data
processing equipment in advance of the budget year during which moneys will
become available to pay for such purposes, but contracts for the purchase
of such school supplies and equipment, books, buses and data processing
equipment cannot be entered into except during the budget year in which
moneys will become available for such purchases and risk of loss and title
thereto shall not pass to the school district or community junior college
prior to entering into such contracts. Issuance of such a cancelable
purchase order shall not constitute an indebtedness within the meaning of
K.S.A. 79-2935.
History: L. 1933, ch. 319, § 13; L. 1969, ch. 67,
§ 1; L. 1970, ch. 66, § 1; L. 1972, ch. 40, § 2; July 1.
10-1113.Creating indebtedness in excess of funds unlawful;
exceptions.
Unless otherwise provided in this act, it shall be unlawful after May 1,
1933, for any member of any governing body of any municipality to knowingly
vote for or in any manner aid or promote the passage or adoption of any
order, motion, ordinance, resolution, legislation or other act of said
governing body, creating an indebtedness in excess of the amount of funds
actually on hand in the treasury of such municipality at the time for such
purpose, or to knowingly vote for the drawing of any order, warrant or
check, or other evidence of such indebtedness on the treasury of said
municipality, in payment of any such indebtedness, in excess of the amount
of funds actually on hand in the treasury at the time for such purpose.
School districts and community junior colleges, may, however, issue
cancelable purchase orders for school supplies and equipment, school buses,
books purchased in conjunction with textbook rental programs and data
processing equipment in advance of the budget year during which moneys will
become available to pay for such purposes, but contracts for the purchase
of such school supplies and equipment, books, buses and data processing
equipment cannot be entered into except during the budget year in which
moneys will become available for such purchases and risk of loss and title
thereto shall not pass to the school district or community junior college
prior to entering into such contracts. Issuance of such a cancelable
purchase order shall not constitute an indebtedness within the meaning of
K.S.A. 79-2935.
History: L. 1933, ch. 319, § 13; L. 1969, ch. 67,
§ 1; L. 1970, ch. 66, § 1; L. 1972, ch. 40, § 2; July 1.
10-1113.Creating indebtedness in excess of funds unlawful;
exceptions.
Unless otherwise provided in this act, it shall be unlawful after May 1,
1933, for any member of any governing body of any municipality to knowingly
vote for or in any manner aid or promote the passage or adoption of any
order, motion, ordinance, resolution, legislation or other act of said
governing body, creating an indebtedness in excess of the amount of funds
actually on hand in the treasury of such municipality at the time for such
purpose, or to knowingly vote for the drawing of any order, warrant or
check, or other evidence of such indebtedness on the treasury of said
municipality, in payment of any such indebtedness, in excess of the amount
of funds actually on hand in the treasury at the time for such purpose.
School districts and community junior colleges, may, however, issue
cancelable purchase orders for school supplies and equipment, school buses,
books purchased in conjunction with textbook rental programs and data
processing equipment in advance of the budget year during which moneys will
become available to pay for such purposes, but contracts for the purchase
of such school supplies and equipment, books, buses and data processing
equipment cannot be entered into except during the budget year in which
moneys will become available for such purchases and risk of loss and title
thereto shall not pass to the school district or community junior college
prior to entering into such contracts. Issuance of such a cancelable
purchase order shall not constitute an indebtedness within the meaning of
K.S.A. 79-2935.
History: L. 1933, ch. 319, § 13; L. 1969, ch. 67,
§ 1; L. 1970, ch. 66, § 1; L. 1972, ch. 40, § 2; July 1.