reglab/housing_qa huggingface dataset:
KS Stat § 75-4218a (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4218a Security of time deposits under certain statutes.

75-4218a. Security of time deposits under certain statutes. Whenever interest bearing time deposits in any commercial bank located in Kansas are authorized by the provisions of K.S.A. 12-3718, 12-3724, 32-858, 40-2307, 58-3029, 68-2311, 75-2527, 75-4254 and 76-2473 and amendments thereto, such deposits shall be secured by pledge of securities as provided in K.S.A. 75-4218, and amendments thereto.History: L. 1975, ch. 404, § 11; L. 1989, ch. 48, § 97; L. 1989, ch. 118, § 188; L. 1989, ch. 274, § 5; July 1.
KS Stat § 75-4219 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4219 Care and handling of security.

75-4219. Care and handling of security. The treasurer as custodian of securities deposited by banks, and the sureties of the treasurer shall be responsible for the safekeeping of such securities and shall be liable therefor. The treasurer, upon written application of the bank owning any bonds, shall detach any and all matured coupons and deliver them to the bank, taking proper receipt therefor, which shall be filed in his or her office. Any bank making deposit of securities with the treasurer may cause such securities to be examined in the treasurer's office to show that they are deposited as collateral, and are not transferable except upon the conditions provided in this act.In any exchange of deposited securities for new securities, the amount of security on deposit at any time shall not be decreased below that otherwise required by this act.History: L. 1967, ch. 447, § 8; June 1.
KS Stat § 75-4220 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4220 Liability of depository banks and affiliates; sale of security.

75-4220. Liability of depository banks and affiliates; sale of security. Each depository bank and its agent, trustee, wholly-owned subsidiary or affiliate having identical ownership granting a security interest pursuant to K.S.A. 75-4218, and amendments thereto, shall be liable for payment if: (a) The depository bank fails to: (1) Pay any check, draft or warrant drawn by the treasurer and director of accounts and reports; or (2) account for any check, draft, warrant, order, or certificate of deposit, or any money entrusted to such bank by the treasurer; or (b) a conservator or receiver is appointed for the depository bank.Any loss incurred by the state by reason of failure by any depository bank to safely keep and account for moneys and interest thereon shall be recovered by the state from the depository bank and a sale of the securities securing payment of such moneys under this act. The attorney general is authorized to prosecute in the name of the state any and all actions for recovery of any loss incurred by the state under this act.In case of default by any depository bank having a state bank account of any type, the securities securing payment of such account under this act, if not in the possession of the treasurer, shall be transferred to the treasurer by the custodial bank to be sold by the treasurer and payment of the proceeds of such sale shall be made to the state to the extent of the state's interest, subject to the provisions of K.S.A. 75-4221, and amendments thereto.History: L. 1967, ch. 447, § 9; L. 1994, ch. 105, § 9; L. 1996, ch. 254, § 22; L. 1997, ch. 180, § 28; May 29.
KS Stat § 75-4221 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4221 Inadequate security pledged by depository bank; procedures.

75-4221. Inadequate security pledged by depository bank; procedures. (a) Any state agency which is authorized to maintain a bank account, shall be responsible for determining that the securities pledged, assigned, deposited or in which a security interest is granted by the depository bank are adequate to secure the balance in the account pursuant to K.S.A. 75-4218, and amendments thereto. The agency shall immediately notify the board if the securities pledged, assigned, deposited or in which a security interest is granted by the depository bank have become inadequate. The board shall immediately notify such depository bank and demand that additional security be pledged to make good such inadequacy and in default of such additional security being promptly furnished, the board shall instruct the treasurer to close the account.(b) In cases where a depository bank fails to meet the requirements established by the board pursuant to K.S.A. 75-4232, and amendments thereto, the board shall instruct the treasurer to advise the depository bank it must select one of the following options:(1) Close the account for the full amount, including accrued interest and without penalty if the deposit exceeds seven days; or(2) convert the account to a repurchase agreement under terms acceptable to the board.(c) In the event of the insolvency or dissolution from any cause of a depository bank having a state bank account of any type, the state shall be entitled to file a claim for the full amount of such account and shall retain or collect dividends or interest on securities pledged by such depository bank until the amount of the dividends or interest added to the amount realized from sale of any securities so pledged to the state equals the amount of the account and any interest due thereon.The state shall be fully responsible to any depository bank for the safe return of any securities deposited in the state treasury in accordance with this act.History: L. 1967, ch. 447, § 10; L. 1994, ch. 105, § 10; L. 2001, ch. 78, § 1; L. 2001, ch. 167, § 7; July 1.
KS Stat § 75-4222 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4222 Pooled money investment board; appointment of a director of investments; employees; access to certain papers, documents and property; annual report.

75-4222. Pooled money investment board; appointment of a director of investments; employees; access to certain papers, documents and property; annual report. (a) It shall be unlawful for the pooled money investment board to award a state bank account to any depository bank in which any member of the board is interested as a stockholder or officer, except upon the unanimous vote of the other members of the board.(b) The board shall appoint a director of investments who shall be in the unclassified service under the Kansas civil service act. The board may appoint investment officers and investment analysts, who shall be in the unclassified service of the Kansas civil service act. In addition the board may appoint such employees as may be needed who shall be in the classified service of the Kansas civil service act.(c) From and after the effective date of this act, all current employees of the office of the state treasurer performing any responsibilities, powers, duties or functions related to the municipal investment pool fund are hereby transferred to the pooled money investment board. All such employees shall retain all retirement benefits and all rights of civil service which such employees had before the effective date of this act and their service shall be deemed to have been continuous. All such transfers shall be in accordance with civil service laws and rules and regulations.(d) The employees working for the pooled money investment board shall have access at all times to all papers, documents and property in the custody or possession of the state treasurer that relate to duties of the board, and the state treasurer shall take such steps as may be necessary to make this provision of law effective for such purposes as the pooled money investment board may indicate.(e) The director of investments shall keep and preserve a written record of the board's proceedings.(f) The board shall make an annual report to the legislature of the investments by the board of all moneys under the jurisdiction and control of the board, by filing a copy of the report with the chief clerk of the house of representatives and with the secretary of the senate no later than the 10th calendar day of each regular session of the legislature.History: L. 1967, ch. 447, § 25; L. 1974, ch. 364, § 36; L. 1975, ch. 454, § 1; L. 1978, ch. 332, § 45; L. 1992, ch. 261, § 1; L. 1994, ch. 105, § 11; L. 1996, ch. 254, § 25; L. 1998, ch. 161, § 4; L. 2016, ch. 47, § 2; May 12.
KS Stat § 75-4223 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4223 Banks claiming tax exemptions.

75-4223. Banks claiming tax exemptions. The board shall not award any bank a state bank account if such bank claims exemption from the payment of any sales or compensating use tax under the laws of this state. The director of taxation shall notify the board at least ten (10) days before any award of state bank accounts of the names and addresses of all banks which have claimed exemption from the payment of any of said taxes.History: L. 1967, ch. 447, § 26; June 1.
KS Stat § 75-4225 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4225 Existing agreements.

75-4225. Existing agreements. Nothing contained in this act shall be construed or interpreted to impair the obligation of any contract. This act shall be construed to limit the obligations of the state on any existing contract or agreement for the deposit of public moneys or funds to that which is specifically provided in any such contract to the shortest term or period of time authorized by such contract. All options of the state to terminate in any manner whatsoever any agreement in conflict with the provisions of this act shall be and hereby are exercised. Every state officer, board, commission and employee administering any of the affairs or matters of the state and having the right to exercise such an option is hereby directed to exercise such option under penalty of removal from office or state service and personal liability for any loss resulting therefrom.History: L. 1967, ch. 447, § 28; June 1.
KS Stat § 75-4226 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4226 Interest requirements not to be in violation of federal law.

75-4226. Interest requirements not to be in violation of federal law. The interest requirements on investment accounts as provided in this act shall not at any time be in violation of any act of the congress of the United States, or of any rule or regulation of the federal reserve system or the federal deposit insurance corporation, or any other fiscal agency of the United States or created by it. Should the United States or any of its agencies at any time fix the maximum rate of interest which may be paid on investment accounts at an amount lower than the rate at which interest is required to be paid under the provisions of this act, such maximum rates fixed by the United States or its agencies shall become the rate at which interest shall be paid on such accounts.History: L. 1967, ch. 447, § 29; L. 1992, ch. 146, § 19; July 1.
KS Stat § 75-4228 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4228 Criminal and civil liability of treasurer and director of accounts and reports.

75-4228. Criminal and civil liability of treasurer and director of accounts and reports. The making of profit by the treasurer or director of accounts and reports out of any moneys in the state treasury, the custody of which the treasurer or director of accounts and reports is charged with, by lending, depositing, or otherwise using, or disposing of the same in any manner whatsoever not provided in this act, or the removal by the treasurer or director of accounts and reports or by such official's consent, of any securities deposited by any bank under the provisions of this act out of the treasury, or failing to return or dispose of any securities as provided by law, shall be deemed a felony, and on conviction thereof, the treasurer or director of accounts and reports shall be punished by imprisonment in the custody of the secretary of corrections for a term of not less than two nor more than five years. In addition to such criminal liability the treasurer or director of accounts and reports and the surety thereof shall also be liable, on official bond, for all profits realized from such unlawful use of any moneys. It shall be the duty of the attorney general to enter and prosecute to final termination all actions for violation of this act.History: L. 1967, ch. 447, § 23; L. 1990, ch. 309, § 42; L. 1996, ch. 254, § 23; May 23.
KS Stat § 75-4229 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4229 Criminal liability of board members.

75-4229. Criminal liability of board members. If any member of the board neglects at any time to do or perform any duty required of him or her by this act, he or she shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be sentenced to pay a fine of one thousand dollars ($1,000).History: L. 1967, ch. 447, § 24; June 1.
KS Stat § 75-4231 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4231 Application of act.

75-4231. Application of act. The provisions of this act shall apply to all contracts for deposit of state moneys for terms commencing on or after August 1, 1975, and shall not apply to contracts for terms ending prior to August 1, 1975.History: L. 1975, ch. 453, § 13; April 25.
KS Stat § 75-4232 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4232 Investment policies; director of investments to invest state moneys; rules and regulations.

75-4232. Investment policies; director of investments to invest state moneys; rules and regulations. State moneys shall be invested and reinvested by the director of investments in accordance with investment policies provided by law, by rules and regulations and published policies of the board. The pooled money investment board shall not contract for management of investments by a money manager. The board shall adopt rules and regulations or published policies pursuant to K.S.A. 75-4209, and amendments thereto establishing investment policies and procedures. Such policies and procedures shall address liquidity, diversification, safety of principal, yield, maturity and quality and capability of investment management, with primary emphasis on safety and liquidity. Such investment policy shall specify when or under what circumstances securities may be disposed of prior to maturity. Such investment policies and procedures shall be reviewed annually by the pooled money investment board.History: L. 1992, ch. 146, § 8; L. 1996, ch. 254, § 26; May 23.
KS Stat § 75-4233 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4233 Application of 1992 act.

75-4233. Application of 1992 act. The provisions of this act shall apply to all contracts for deposit of state moneys for terms commencing on or after August 1, 1992, and shall not apply to contracts for terms ending prior to August 1, 1992.History: L. 1992, ch. 146, § 27; July 1.
KS Stat § 75-4235 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4235 Pooled money investment portfolio fee fund; disposition of funds.

75-4235. Pooled money investment portfolio fee fund; disposition of funds. (a) The administrative fee authorized by K.S.A. 75-4234 shall be credited to the pooled money investment portfolio fee fund, which is hereby created.(b) The director of investments may deduct from the pooled money investment portfolio fee fund amounts to pay expenses incurred in the administration of the pooled money investment portfolio. All expenditures from such fee fund for reimbursement of administrative expenses shall be made in accordance with appropriation acts pursuant to vouchers of the director of investments. The director of investments shall certify, periodically, the amount in the pooled money investment portfolio fee fund not necessary for reimbursement of administrative expenses and the director of accounts and reports shall transfer and credit the amount certified in accordance with the provisions of subsection (c).(c) The total amount transferred pursuant to subsection (b) shall be credited to the municipal investment pool fund until an amount equal to the net losses in such fund as of July 1, 1996, have been credited to such fund, thereafter, the total amount transferred pursuant to subsection (b), shall be credited to the state general fund.History: L. 1996, ch. 254, § 2; May 23.
KS Stat § 75-4236 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4236 Director of investments to invest or reinvest moneys of the state or municipality.

75-4236. Director of investments to invest or reinvest moneys of the state or municipality. On and after the effective date of this act, whenever in the law it is provided that the pooled money investment board may or shall invest or invest and reinvest moneys of the state or any state agency or municipality, or words of like effect, the same shall mean that the director of investments may or shall invest or invest and reinvest moneys of the state or such state agency or municipality in accordance with investment policies established by the pooled money investment board under K.S.A. 75-4232, and amendments thereto.History: L. 1996, ch. 254, § 3; May 23.
KS Stat § 75-4251 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4251 Bonds of state agency or authority; investment of "currently surplus bond proceeds" or "surplus proceeds."

75-4251. Bonds of state agency or authority; investment of "currently surplus bond proceeds" or "surplus proceeds." Whenever any state agency or authority has issued bonds in accordance with law and has received proceeds from the sale thereof, all of which proceeds are not immediately needed to pay for obligations for which the bonds were issued, such amounts not so immediately needed are referred to in this act as "currently surplus bond proceeds" or "surplus proceeds." Whenever surplus proceeds exist and investment thereof is not specifically prohibited by the statute authorizing the bond issue, or the trust agreement, indenture or resolution under which the bonds were issued, then the surplus proceeds shall be invested as provided in this act, subject only to any limitations contained in the applicable bond statute, trust agreement, indenture and resolution, or any of them.History: L. 1973, ch. 359, § 1; July 1.
KS Stat § 75-4252 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4252 Same; investment of "currently surplus reserve funds" or "surplus reserves."

75-4252. Same; investment of "currently surplus reserve funds" or "surplus reserves." Whenever any state agency has issued bonds, and there exists a sinking fund or other reserve fund in connection therewith, and such sinking fund or other reserve fund contains any moneys not immediately needed for payment of the obligations of such sinking fund or other reserve fund, such amounts not so immediately needed are referred to in this act as "currently surplus reserve funds" or "surplus reserves." Whenever surplus reserves exist and investment thereof is not specifically prohibited by the statute authorizing the bond issue, or the trust agreement, indenture or resolution under which the bonds are issued, then the surplus reserves shall be invested as provided in this act, subject only to any limitations contained in the applicable bond statute, trust agreement; indenture and resolution, or any of them.History: L. 1973, ch. 359, § 2; July 1.
KS Stat § 75-4253 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4253 Same; investment of surplus proceeds or reserves.

75-4253. Same; investment of surplus proceeds or reserves. Whenever any state agency or authority has issued any bonds in connection with which there exists surplus proceeds or surplus reserves, the director of investments shall have management responsibility to invest the same as required by this act, unless the applicable bond statute, trust agreement, indenture or resolution requires a different management responsibility, in which case the person or agency so specified to have such management responsibility shall invest such surplus proceeds or surplus reserves as provided in this act.History: L. 1973, ch. 359, § 3; L. 1976, ch. 386, § 4; L. 1996, ch. 254, § 27; May 23.
KS Stat § 75-4254 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4254 Bonds of state agency or authority; investments authorized.

75-4254. Bonds of state agency or authority; investments authorized. The director of investments may invest and reinvest the moneys of surplus proceeds and surplus reserves in:(a) Investments enumerated in K.S.A. 10-131, and amendments thereto; or(b) the pooled money investment portfolio.History: L. 1973, ch. 359, § 4; L. 1975, ch. 404, § 9; L. 1987, ch. 295, § 13; L. 1989, ch. 48, § 98; L. 1996, ch. 254, § 28; May 23.
KS Stat § 75-4255 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4255 Same; custody of moneys; interest or income from investments.

75-4255. Same; custody of moneys; interest or income from investments. Except as provided in this section the custody of moneys to which this act applies and securities acquired under authority of this act shall remain in the custody of the state treasurer or in such other custody as may be specifically required by the applicable bond statute, trust agreement, indenture or resolution. The net interest or other income from investments authorized by this act shall be considered income of the fund having such surplus proceeds or surplus reserves.History: L. 1973, ch. 359, § 5; July 1.
KS Stat § 75-4256 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4256 State moneys, investments and funds subject to post audit.

75-4256. State moneys, investments and funds subject to post audit. All moneys, investments and funds to which this act applies shall be subject to post audit under article 11 of chapter 46 of Kansas Statutes Annotated.History: L. 1973, ch. 359, § 6; L. 1980, ch. 281, § 1; L. 1988, ch. 184, § 8; July 1.
KS Stat § 75-4261 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4261 Federal revenue sharing fund abolished; transfer of assets and liabilities.

75-4261. Federal revenue sharing fund abolished; transfer of assets and liabilities. On July 1, 1985, the director of accounts and reports shall transfer all moneys in the federal revenue sharing fund to the state general fund. All moneys constituting unencumbered balances in accounts in the federal revenue sharing fund on such date shall at the time of transfer be credited to comparable accounts in the state general fund which shall be created by the director of accounts and reports for such purpose. All moneys in the accounts so created are hereby reappropriated for the purposes for which they were originally appropriated from the federal revenue sharing fund. On July 1, 1985, all liabilities of the federal revenue sharing fund are hereby imposed on the state general fund and the federal revenue sharing fund is hereby abolished.History: L. 1985, ch. 283, § 1; July 1.