72-1781. Same; school board employees in cities between 80,000 and 120,000; disbursement and investment of fund. - Kansas Statutes

72-1781

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

      72-1781.   Same; school board employees in cities between80,000 and 120,000; disbursement and investment of fund.Such a retirement fund when thus created and maintained, or so muchthereof as shall be necessary, shall be disbursed in the mannerhereinafter set forth. 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. 1941, ch. 339, § 2; L. 1973, ch. 282, §3; July 1.