Unless otherwise provided in this act, it shall be unlawful after May 1, 1933, for the governing body of any municipality to create any indebtedness in excess of the amount of funds actually on hand in the treasury of such municipality at the time for such purpose, or to authorize the issuance of any order, warrant, or check, or other evidence of such indebtedness of such municipality in excess of the funds actually on hand in the treasury of such municipality at the time for such purpose.
K.S.A. 10-1112
Issuance of warrants and other evidences of indebtedness unlawful
Applied in 1 court decision — leading case 261 F. App'x 147 - Alderfer v. Board of Trustees (2008)
Most recently applied in 261 F. App'x 147 - Alderfer v. Board of Trustees (January 2008)
L. 1933, ch. 319, § 12; March 31.
Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.