The board shall have the following powers and duties, to:
(a) Administer and enforce the provisions of this act;
(b) establish an office for the board within the state of Kansas;
(c) elect a presiding officer and any other officers that may be necessary to direct
the operations of the board;
(d) employ personnel as shall be deemed necessary to carry out the provisions of this
(e) administer the oil and gas resources fund;
(f) approve or disapprove the budget of the board;
(g) adopt rules as the board deems necessary to carry out the provisions of this act;
(h) enter into contracts or agreements for studies, research projects, experimental
work, supplies or other services to carry out the purposes of this act; and to incur
those expenses necessary to carry out such purposes. A contract or agreement entered into under this subsection shall provide that:
(1) The person entering the contract or agreement on behalf of the board shall develop
and submit to the board a plan or project together with a budget that shows estimated
costs to be incurred for the plan or project; and
(2) the person entering the contract or agreement shall keep accurate records of all
such person's transactions, account for funds received and expended and make periodic
reports to the board of activities conducted and other reports that the board may
(i) keep accurate records of all financial transactions performed pursuant to this
act. Such records shall be audited annually by an independent auditor and an annual report
shall be compiled;
(j) accept and deposit into the oil and gas resources fund donations, grants, contributions
and gifts from any public or private source; and
(k) keep an accurate record of all assessments collected.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.