Banking Code; Deposit of Public Moneys | Midpage

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Kansas Statutes

Article 14

Banking Code; Deposit of Public Moneys

9-1401Designation of depositories for public funds; duty of public officers; agreements 9-1402Securing the deposits of public funds 9-1403Securities for deposits of public funds; exemption during peak deposits 9-1405Deposit of securities, security entitlements and financial assets in securities account; written custodial agreement; receipt 9-1406Exemption from liability for loss by official depository 9-1407Exemption of security for insured portion of public deposits; reciprocal deposit programs 9-1408Definitions 9-1409Securing deposits of public moneys of out-of-state governmental units; when 9-1410Public moneys pooled method of investment; requirements, conditions and limitations; duties of the state treasurer and administrator; rules and regulations; statements; required reports; failure to meet statutory requirements; fines and sanctions 9-1411Duties of administrator in the event of a default; liquidation of securities; delegation to federal deposit insurance agency 9-1412Reports required by a bank, savings and loan association or savings bank and the administrator upon request of a governmental unit