Kan. Stat. Ann. § 12-1676
Inapplicability of act to certain moneys; rates
Kansas · Kansas Statutes Annotated Chapter 12 — Cities and Municipalities · Status: effective
Cite this
- Citation
- Kan. Stat. Ann. § 12-1676, Inapplicability of act to certain moneys; rates, Kansas, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2435372
- Permanent ID
ys:prov:2435372@1- SHA-256
39253123f7067bf39918ed34682c046594be1ea2f80470467dde5b5f13fea992
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Except as otherwise provided in K.S.A. 12-1678a, and amendments thereto, the provisions of this act authorizing the investment of moneys shall not apply to moneys collected or received by a county for apportionment, credit or distribution to the state or any political subdivision thereof. Interest paid by eligible banks, savings and loan associations and savings banks on time deposit, open accounts, time certificates of deposit and certificates of deposit of investing governmental units shall be at rates agreed upon by the governmental units and the eligible banks, savings and loan associations or savings banks.