Kan. Admin. Regs. § 122-3-4

Current through Register Vol. 44, No. 2, January 9, 2025

Section 122-3-4 - Maturity

(a) In scheduling the maturities of investment portfolios, projected cash flows shall be considered.

(b) Except as authorized by statute for specific investments, investment maturities of state moneys shall be limited to the lesser of:

(1) four years, pursuant to K.S.A. 1995 Supp. 75-4209(g); or

(2) the maturity date for securities obtained through repurchase agreements.

Kan. Admin. Regs. § 122-3-4

Authorized by K.S.A. 1995 Supp. 75-4232, as amended by L. 1996, Ch. 254, Sec. 26 and K.S.A. 1995 Supp. 12-1677a, as amended by L. 1996, Ch. 254, Sec. 4; implementing K.S.A. 1995 Supp. 75-4209, as amended by L. 1996, Ch. 254, Sec. 17, K.S.A. 1995 Supp. 75-4232, as amended by L. 1996, Ch. 254, Sec. 26, and K.S.A. 12-1677a, as amended by L. 1996, Ch. 254, Sec. 4; effective, T-122-7-27-95, July 27, 1995; effective Nov. 17, 1995; amended Jan. 24, 1997.