- (a) Any bonds issued under the provisions of this act shall not be subject to the general bond laws of the state of Kansas.
- (b) All bonds issued in accordance with the provisions of this act and all income or interest therefrom shall be exempt from all state taxes.
- (c) All bonds issued under the provisions of this act shall be negotiable instruments under the provisions of the uniform commercial code of the state of Kansas.
L. 1977, ch. 48, § 17; L. 2010, ch. 44, § 5; July 1.