Transferring Bond Payments to Kansas State Treasurer From Your MIP Account


MIP depositors have the option of transferring bond payments to the State of Kansas Treasurer’s Office directly from their MIP account.


Choose one of the below payment options.

Option 1:  Depositor directly notifies the Bond Department, State Treasurer’s Office

  1. At least 20 days prior to the payment due date, notify the Bond Department, State of Kansas Treasurer’s Office, that payment will be made through your MIP account (K.S.A. 10-130). Email municipality name, bond payment due date, and payment amount to the Bond Department using the below email address:
    Bonds@treasurer.ks.gov


  2. Deposit funds in MIP OMIP account 1 day prior to creating online bond payment transaction. Fixed rate accounts used for bond payments must mature on the Effective Date of the Transaction (one working day prior to the payment due date).
  3. Create online bond payment transaction at least 4 business days before the Effective Date of Transaction (one working day prior to the payment due date). The MIP administrator will approve and certify the transaction. Once certified, the funds will no longer be available for withdrawal or transfer prior to bond payment; exceptions must be approved by the Director of Investments.
  4. Your payment will be deducted from your account and transferred to the bond department on the Effective Date of Transaction (one working day prior to the payment due date).

Option 2:
 MIP notifies the Bond Department, State Treasurer’s Office
  1. Deposit funds in MIP OMIP account 1 day prior to creating online bond payment transaction. Fixed rate accounts used for bond payments must mature on the Effective date of the Transaction (one working day prior to the payment due date).
  2. Create online bond payment transaction at least 20 days before the bond payment due date (Effective Date of Transaction will be one working day prior to the payment due date). The MIP administrator will approve and certify the transaction (K.S.A. 10-130). Once certified, the funds will no longer be available for withdrawal or transfer prior to the bond payment; exceptions must be approved by the Director of Investments.
  3. Your payment will be deducted from your account and transferred to the bond department on the Effective Date of Transaction (one working day prior to the payment due date).