Kan. Admin. Regs. § 1-21-1 - Definitions
(a) "Director"
means the director of accounts and reports.
(b) "Agency" means the agency employing the
participating employee.
(c)
"Payroll savings program" means the state of Kansas program for the purchase of
United States savings bonds through state payroll deductions.
(d) "Participating employee" means an
employee who has elected to participate in the payroll savings program.
(e) "Bond" means United States
payroll savings bond.
(f)
"Account" means the amount accumulated in the clearing fund toward the purchase
of a specific bond on behalf of an employee.
(g) "Clearing fund" means the state of Kansas
United States savings bond clearing fund. This regulation shall take effect on
and after December 17, 1995.
Notes
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