12-3722. Self-insurance reserve fund; creation; administration; payments from fund. - Kansas Statutes

12-3722

Chapter 12.--CITIES AND MUNICIPALITIES Article 37.--SEWAGE DISPOSAL FACILITIES AND IMPROVEMENTS

      12-3722.   Self-insurance reserve fund; creation; administration; payments from fund. There is hereby created in the state treasury the self-insurance reserve fund. Such fund shall be administered by the pooled money investment board. Except for investment purposes, no amounts shall be paid from such fund, except upon vouchers approved by the board chairman as authorized by the board acting pursuant to specific authorization in an appropriation act of the legislature, or except as is authorized for transfer to the debt service reserve fund established by K.S.A. 12-3718 and amendments thereto. For investment purposes amounts shall be paid from the fund upon vouchers approved by the chairman as authorized by such board.

      History:   L. 1973, ch. 360, § 1; L. 1976, ch. 386, § 1; April 12.