Such a retirement fund when thus created and maintained or so much thereof as shall be necessary, shall be disbursed in the manner hereinafter set forth. And any surplus of fund not needed for immediate disbursement shall be invested by the board of education of such school district acting as trustees of such fund as provided in K.S.A. 72-17,125 .
K.S.A. 72-2673
Employees' retirement fund; certain cities between 120,000 and 200,000; disbursement and investment of fund
L. 1939, ch. 264, § 3; L. 1973, ch. 282, § 2; July 1.
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.