The Firemen’s Relief Association of the city shall be composed of the chief of the fire department, who shall be ex officio president of such association, and all the members of the fire department of the city. It shall be the duty of the association to organize in such a manner and shall adopt such bylaws, rules and regulations, not in conflict with this article and not in conflict with the laws of the State of Kansas, as in their judgment they deem proper and advisable in carrying out and promoting the object of the association.
(R.O. 1964, 9-201)
NOTE: Firemen’s Relief Fund, Ch. 40, Art. 17, Kansas Statutes Annotated and any supplements thereto.
The treasurer of the association shall receive and deposit money and give bond as follows:
(a) The treasurer of the firemen’s relief association shall receive from the state commissioner of insurance, all money belonging to the Firemen’s Relief Fund of the Firemen’s Relief Association of the city and other money collected, and shall deposit the same to the credit of the Newton Firemen’s Relief Fund.
(b) Such treasurer shall give bond for the safekeeping of such funds and for faithful performance in such sum with such sureties as may be approved by the governing body of the city.
(K.S.A. Supp. 40-1706; R.O. 1964, 9-202)
All moneys received by the treasurer of the Firemen’s Relief Association shall be set apart and used by the Firemen’s Relief Association solely and entirely for the objects and purposes of this article and as set forth in Chapter 40, Article 17, Kansas Statutes Annotated, 1965 amendments thereto, and shall be paid to and distributed by the Firemen’s Relief Association under such provisions as shall be made by the governing body of the city; provided, that in all cases involving expenditures or payments in an amount of $500 or more, prior certification shall be obtained from the city attorney that such expenditure or payment complies with such requirements.
(R.O. 1964, 9-203)
The officers of the Firemen’s Relief Association may invest any amount, not to exceed 90 percent of all such moneys, in purchasing bonds of the city; provided, that when bonds of the city are not obtainable, United States government bonds may be purchased or any municipal bonds of this state where the bonded indebtedness of such municipality shall not exceed 15 percent of its total assessed valuation, as shown by the last assessment preceding such investment. Such investments must be approved by the governing body of the city. It shall be the duty of the city attorney to examine all such bonds as to their validity and report thereon in writing to the governing body and the Firemen’s Relief Association and no bonds shall be purchased by the Firemen’s Relief Association until they have been approved and found valid by the city attorney.
(K.S.A. Supp. 40-1706; R.O. 1964, 9-204)