10-812. Proceeds from cancellations; canceled warrants payment fund. - Kansas Statutes

10-812

Chapter 10.--BONDS AND WARRANTS Article 8.--WARRANTS

      10-812.   Proceeds from cancellations; canceled warrants payment fund. (a) Except as otherwise specifically provided by law, all balances accrued from unpaid canceled warrants under K.S.A. 10-811 shall be credited to the canceled warrants payment fund and shall be so transferred upon the records of the director of accounts and reports and state treasurer.

      (b)   There is hereby established the canceled warrants payment fund in the state treasury. All expenditures from the canceled warrants payment fund shall be for payment of claims under K.S.A. 46-921 and amendments thereto in accordance with the provisions of appropriations acts upon warrants of the director of accounts and reports pursuant to vouchers approved by the claimant pursuant to that statute or the claimant's legal representative or duly authorized agent.

      (c)   On July 1, 1984, and each July 1 thereafter, the director of accounts and reports shall transfer any unencumbered balance in excess of $100,000 in the canceled warrants payment fund from that fund to the state general fund.

      History:   L. 1923, ch. 74, § 2; R.S. 1923, § 10-812; L. 1965, ch. 86, § 1; L. 1983, ch. 53, § 1; July 1.