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K.S.A. 75-3668

State general fund transfers to property contingency fund

L. 1983, ch. 267, § 1; L. 1992, ch. 272, § 15; L. 1996, ch. 253, § 31; May 23.

On or before the 10 th of each month, the director of accounts and reports shall transfer from the state general fund to the property contingency fund interest earnings based on:

(a) The average daily balance of moneys in the property contingency fund for the preceding month; and

(b) the net earnings rate for the pooled money investment portfolio for the preceding month.

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.