Statute · California Government Code

Cal. Gov't Code § 29832 — Alternative Payment and Registration Procedure

Cal. Gov't Code § 29832

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1992-09-30
Current through
Nov 2, 2026 (California Legislative Counsel)

Whenever the county auditor draws a warrant upon the treasury in an amount in excess of the balance of the fund, the county auditor shall present it to the treasurer for registration. The treasurer shall endorse upon its back the date of presentation by the county auditor, that it is not paid…

Citator

Cal. Gov't Code § 29832 — Alternative Payment and Registration Procedure is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever the county auditor draws a warrant upon the treasury in an amount in excess of the balance of the fund, the county auditor shall present it to the treasurer for registration. The treasurer shall endorse upon its back the date of presentation by the county auditor, that it is not paid for lack of funds, and that it bears interest at the rate fixed pursuant to law from the date of the registration to and including the date of maturity or the date upon which the treasurer first advertises that is redeemable upon presentation if it bears no date of maturity. Warrants so endorsed by the treasurer are registered warrants.