Kansas Statutes 74-99d15. Kansas electric transmission authority; transferring and abolishing certain funds
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Terms Used In Kansas Statutes 74-99d15
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
On the effective date of this act, the director of accounts and reports shall transfer $45,000 from the KETA administrative fund of the state corporation commission to the state general fund and transfer all remaining moneys in the KETA administrative fund and the KETA development fund of the state corporation commission to the public service regulation fund of the state corporation commission. On the effective date of this act, all liabilities of the KETA administrative fund and the KETA development fund of the state corporation commission are hereby transferred to and imposed on the public service regulation fund of the state corporation commission and the KETA administrative fund and the KETA development fund are hereby abolished.