2016 Kansas Statutes
Chapter 74 STATE BOARDS, COMMISSIONS AND AUTHORITIES
Article 49 PUBLIC EMPLOYEES RETIREMENT SYSTEMS
74-4921d Same; indemnification hold harmless for board members, state officers and employees and others.
74-4921d. Same; indemnification hold harmless for board members, state officers and employees and others. Present, future and former board members jointly and individually, state officers and employees, research firms described in subsection (d) of K.S.A. 2016 Supp. 74-4921c, and amendments thereto, and investment managers under contract with the Kansas public employees retirement system shall be indemnified from the state general fund and held harmless by the state from all claims, demands, suits, actions, damages, judgments, costs, charges and expenses, including court costs and attorney's fees, and against all liability, losses and damages of any nature whatsoever that these present, future or former board members, officers, employees, research firms or contract investment managers shall or may at any time sustain by reason of any decision to restrict, reduce or eliminate investments pursuant to K.S.A. 2016 Supp. 74-4921c, and amendments thereto.
History: L. 2007, ch. 191, § 2; May 24.
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