72-1727. Same; disbursement and investment of fund. - Kansas Statutes

72-1727

Chapter 72.--SCHOOLS Article 17.--SUPPLEMENTAL RETIREMENT SYSTEMS

      72-1727.   Same; disbursement and investment offund.Such a retirement fund when thus created and maintained or so muchthereof as shall be necessary, shall be disbursed in the mannerhereinafter set forth. And any surplus of fund not needed for immediatedisbursement shall be invested by the board of education of such schooldistrict acting as trustees of such fund as provided in K.S.A.72-17,125.

      History:   L. 1911, ch. 280, § 2; R.S. 1923, 72-1727; L. 1935, ch. 257, § 2;L. 1973, ch. 282, § 1; July 1.