12-1671. Certain investments; exception to cash-basis law.

12-1671

Chapter 12.--CITIES AND MUNICIPALITIES Article 16.--MISCELLANEOUS PROVISIONS

      12-1671.   Certain investments; exception to cash-basis law. Investments and time deposit certificates authorized by law and held by municipalities as defined in K.S.A. 10-1101 shall be considered cash for purposes of the cash-basis law.

      History:   L. 1967, ch. 95, § 1; July 1.