Kansas Statutes 76-14a02. Leasing of home; term; disposition of proceeds
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Terms Used In Kansas Statutes 76-14a02
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Property: includes personal and real property. See Kansas Statutes 77-201
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
The state board of social welfare is hereby authorized and empowered to lease, upon such terms and conditions as it shall deem advisable, the property known as the Ellsworth home for the aged, or any part thereof for the purpose of providing a home for the aged to the Evangelical Lutheran Good Samaritan Society for a period of not to exceed fifty years. All rents received from any such lease shall be paid into the state treasury and the state treasurer shall credit the same to the general fee fund of the Ellsworth home for the aged.