(a) The Firefighters’ Relief Association shall be composed of members of the Fire Department of the City and shall be incorporated under the laws of the State.
(b) The officers of the Firefighters’ Relief Association shall consist of a president, vice-president, secretary and treasurer. Such officers shall be selected as provided in the bylaws of such association.
(c) The Firefighters’ Relief Association shall adopt such bylaws, rules and regulations as it may deem advisable in carrying out and promoting the objectives of such association, not inconsistent with the provisions of this article or the laws of the State. The secretary shall keep a complete record of the transactions of the association, which shall at all times be subject to inspection by the Board of Commissioners.
(Code 1982; K.S.A. 2-1212; Code 2015)
(a) The treasurer of the Firefighters’ Relief Association shall receive from the State Commissioner of Insurance all money issued to the Firefighters Relief Fund of the Firefighters Relief Association of the City and other money collected, and shall deposit such funds to the credit of the City’s Firefighters’ Relief Fund. The treasurer shall pay out such funds only on warrants issued by such association, which warrants shall be signed by the president, countersigned by the secretary, and bear the seal of the association.
(b) The treasurer shall give bond for the safekeeping of funds received from the Firefighters Relief Fund and for faithful performance of such sum with such sureties as may be approved by the Board of Commissioners.
(Code 1982; K.S.A. 40-1706(g); Code 2015)
All monies received by the treasurer of the Firefighters Relief Association shall be set apart and used by the Firefighters’ Relief Association solely and entirely for the objectives and purposes of this article and as set forth in K.S.A. 40-1707, and shall be paid to and distributed by the Firefighters’ Relief Association under such provisions as shall be made by the Commission; provided, that in all cases involving expenditures or payments in an amount of $1,500.00 or more, prior certification shall be obtained from the City Attorney that such expenditures or payment complies with such requirements.
(K.S.A. 40-1706(g); K.S.A. 40-1707; Code 2015)
Monies collected and received under the provisions of this article may be expended for the purchase of, or payment of premiums on, policies of life, accident and health insurance upon members of the Fire Department of this City, which policies may be owned either by the Firefighters’ Relief Association of this City or by the individual members thereof; however, before any premium is paid on such policies of insurance, the provisions thereof shall be approved by such Firefighters Relief Association as suitable to carry out the objectives for which such association was established.
(Code 1982; K.S.A. 40-1707(b) ; Code 2015)
The officers of the Firefighters’ Relief Association may invest any amount not to exceed ninety (90) percent of all monies received in purchasing bonds of the City; provided, that when bonds of the City are not obtainable, United States government securities may be purchased or any municipal bonds of this State where the bonded indebtedness of such municipality shall not exceed fifteen (15) percent of its total assessed valuation, as shown by the last assessment preceding such investment. Such investments must be approved by the Commission. 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 Commission and the Firefighters’ Relief Association. No bonds shall be purchased by such Association until they have been approved and found valid by the City Attorney.
(Code 1982; K.S.A. 12-1675, 40-1707(h) ; Code 2015)