10-1112. Issuance of warrants and other evidences of indebtedness unlawful. - Kansas Statutes

10-1112

Chapter 10.--BONDS AND WARRANTS Article 11.--CASH-BASIS LAW

      10-1112.   Issuance of warrants and other evidences of indebtedness unlawful. Unless otherwise provided in this act, it shall be unlawful after May 1, 1933, for the governing body of any municipality to create any 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 authorize the issuance of any order, warrant, or check, or other evidence of such indebtedness of such municipality in excess of the funds actually on hand in the treasury of such municipality at the time for such purpose.

      History:   L. 1933, ch. 319, § 12; March 31.