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Legal Opinion

Attorney General Opinion No.

Kansas Attorney General Reports

Decided September 27, 1994Published

1Opinion of the Court

The Honorable Sally Thompson State Treasurer Office of the State Treasurer 900 Jackson, Suite 201 Topeka, Kansas, 66612-1235

Dear Ms. Thompson:

As State Treasurer and chairperson of the Pooled Money Investment Board (PMIB), you have requested our opinion regarding the authority of the PMIB to enter into a liquidity agreement with the Kansas department of transportation (KDOT), whereby the PMIB would act as "liquidity provider" in connection with a proposed Adjustable Tender Highway Revenue Bond issue of KDOT in the approximate principal amount of $100,000,000.00 (the "Bonds").

As background…

2Cases cited6 opinions

  1. State ex rel. Weber v. YounkinSupreme Court of Kansas · 1921
  2. Board of County Commissioners v. SimmonsSupreme Court of Kansas · 1944
  3. State Ex Rel. Schneider v. McAfeeCourt of Appeals of Kansas · 1978
  4. Zerr v. TiltonSupreme Court of Kansas · 1978
  5. City of Wichita v. WymanSupreme Court of Kansas · 1944

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