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Current as of January 01, 2025 | Updated by Findlaw Staff
Whenever any bond is authorized to be pledged as a security under K.S.A. 9-1402 et seq. or 75-4201 et seq., and amendments thereto, or under any other statute of this state, such bond shall be accepted as a security under such statute if: (a) In the case of a certificated bond, it is assigned, delivered or pledged to the holder of the deposit for security in accordance with the provisions of such statutes; (b) in the case of an uncertificated bond, registration of a pledge of the bond is authorized by the system and the pledge of the uncertificated bond is registered; or (c) in a form approved by the attorney general, which assures the availability of the bond proceeds pledged as a security for public deposits.
Cite this article: FindLaw.com - Kansas Statutes Chapter 10. Bonds and Warrants § 10-629. Bonds pledgeable as a security for public deposits - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-10-bonds-and-warrants/ks-st-sect-10-629/
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