Kan. Stat. Ann. § 68-2323
Use of proceeds from bonds
Kansas · Kansas Statutes Annotated Chapter 68 — Roads and Bridges · Status: effective
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- Citation
- Kan. Stat. Ann. § 68-2323, Use of proceeds from bonds, Kansas, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2582969
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Full text
The secretary is hereby authorized and empowered to use the proceeds of any bonds herein authorized, together with any other available funds, for paying the costs relating to construction, reconstruction, maintenance and improvement of highways in this state and expenses incidental thereto and for paying expenses of authorizing and issuing the bonds, for paying the interest on the bonds until revenues therefor are available in sufficient amounts, for purchasing bond insurance and other credit enhancements on the bonds, and for funding such reserves as the secretary deems necessary and desirable.