32-883. Same; investment.

32-883

Chapter 32.--WILDLIFE, PARKS AND RECREATION Article 8.--DEPARTMENT OF WILDLIFE AND PARKS

      32-883.   Same; investment.Revenue bonds authorized under K.S.A. 32-876 through 32-885 shall be proper andlegal investment securities for any investment funds of the state of Kansas orany department,agency or institution thereof, or any county, municipal or other publiccorporation or political subdivision created pursuant to the laws of thestate of Kansas. Banks, trust companies and insurance companies organizedunder the laws of the state of Kansas and the Kansas public employeesretirement system may legally and properly purchase revenue bonds issued underK.S.A. 32-876 through 32-885,and they are hereby deemed and approved as collateral security for the depositof any and all funds and for the investment of all trustfunds under the jurisdiction of the laws of the state of Kansas.

      History:   L. 1982, ch. 173, § 8;L. 1989, ch. 118, § 46; July 1.