Kansas Statutes 75-5142. Same; performance bond requirement
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Terms Used In Kansas Statutes 75-5142
- Contract: A legal written agreement that becomes binding when signed.
- Secretary: means the secretary of revenue or the secretary's designee. See Kansas Statutes 75-5173
Before entering into such a contract, the secretary of revenue shall require a bond for the debt collection agency not in excess of $100,000 guaranteeing compliance with the terms of the contract.