CHAPTER 12. PUBLIC MONEYS AND SECURITIES.

§12-3-4. No check to be drawn on depository having insufficient funds; necessity of warrant and check or electronic funds transfer.

The treasurer shall draw no check on any depository unless there is money enough in the depository to the credit of the treasury to pay the check when duly presented for payment. No depository holding money to the credit of the treasury shall pay out the same, or any part thereof, except upon a check of the treasurer endorsed on a warrant of the Auditor authorizing a check or a duly authorized electronic funds transfer drawn in place of such check.

§12-3-4. No check to be drawn on depository having insufficient funds; necessity of warrant and check or electronic funds transfer.

Bills Affecting §12-3-4

2001 Regular Session: HB2176
2001 Regular Session: HB2176
2002 Regular Session: HB4058
2002 Regular Session: SB675
2003 Regular Session: SB441
2004 Regular Session: HB4746
2004 Regular Session: SB280
2005 Regular Session: HB3052
2005 Regular Session: SB558
2020 Regular Session: HB4118
2020 Regular Session: HB4437