Kansas Statutes Chapter 75. State Departments; Public Officers and Employees § 75-4263. Moneys of state agency or instrumentality; investment in municipal investment pool fund authorized; limitations
Current as of January 01, 2020 | Updated by FindLaw Staff
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.
(a) Except as provided in subsection (b), moneys of a state agency or public instrumentality of this state which may be invested by the director of investments in accordance with investment policies established by the pooled money investment board under K.S.A. 75-4232, and amendments thereto, expressly for such agency or instrumentality, or invested directly by the agency or instrumentality, may be invested in the municipal investment pool fund established in K.S.A. 12-1677a and amendments thereto. Such agency or instrumentality shall be treated as a municipality for purposes of participation in such fund.
(b) On and after July 1, 1996, state moneys eligible for investment under subsection (a) of K.S.A. 75-4209, and amendments thereto, shall not be invested in the municipal investment pool fund.
Cite this article: FindLaw.com - Kansas Statutes Chapter 75. State Departments; Public Officers and Employees § 75-4263. Moneys of state agency or instrumentality; investment in municipal investment pool fund authorized; limitations - last updated January 01, 2020 | https://codes.findlaw.com/ks/chapter-75-state-departments-public-officers-and-employees/ks-st-sect-75-4263.html
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?