Terms Used In Kansas Statutes 75-4223

  • Bank: means a bank incorporated under the laws of this state, or organized under the laws of the United States or another state and which has a main or branch office in this state. See Kansas Statutes 75-4201
  • Board: means the pooled money investment board. See Kansas Statutes 75-4201
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
  • State bank account: means state moneys or fee agency account moneys deposited in accordance with the provisions of this act. See Kansas Statutes 75-4201

The board shall not award any bank a state bank account if such bank claims exemption from the payment of any sales or compensating use tax under the laws of this state. The director of taxation shall notify the board at least ten (10) days before any award of state bank accounts of the names and addresses of all banks which have claimed exemption from the payment of any of said taxes.