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Kansas Statutes Chapter 12. Cities and Municipalities § 12-5910. Same; use of money received from sale of property

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) Except as provided in paragraph (b), any moneys derived from the sale of property by the bank shall be retained by the bank for the purposes and operations thereof.

(b) The board may use all or any part of the proceeds from the sale described in paragraph (a) to reimburse any municipality for delinquent special assessments due on such property.

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Cite this article: FindLaw.com - Kansas Statutes Chapter 12. Cities and Municipalities § 12-5910. Same; use of money received from sale of property - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-12-cities-and-municipalities/ks-st-sect-12-5910/

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