42-370. Sale of bonds; use of funds. - Kansas Statutes

42-370

Chapter 42.--IRRIGATION Article 3.--IRRIGATION AND IRRIGATION DISTRICTS

      42-370.   Sale of bonds; use of funds.When such bonds shall have been duly signed and countersigned andregistered, the same shall be deposited with the county treasurer of suchcounty, and by such county treasurer negotiated and sold for not less thanpar value; and the proceeds arising from the sale of said bonds shall bedeposited in the county treasury to the credit of said irrigation district,and shall be devoted to purchasing or building a main ditch, ditches andlaterals, head gates, dams and all other works, or any thereof, forpurposes of irrigation as herein provided.

      History:   L. 1891, ch. 133, art. 7, § 14; May 20; R.S. 1923, 42-370.