Arkansas § 14-318-122 Commissioners' warrant

Arkansas Statutes

§ 14-318-122 — Commissioners' warrant

(a)The depository shall pay out no money save upon the order of the board and upon a warrant signed by at least two (2) of the commissioners.

(b)Every warrant shall state upon its face to whom, the amount, and the purpose for which it is issued.

(c)All warrants shall be dated and shall be numbered consecutively, in a record to be kept by the board of the number and amount of each. No warrant shall be paid unless there are in the treasury funds enough to pay all outstanding warrants bearing a lower number.

(d)No warrant shall be increased by reason of any depreciation in the market value thereof, nor shall any contract or warrant be made payable or paid in anything but currency.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The depository shall pay out no money save upon the order of the board and upon a warrant signed by at least two (2) of the commissioners. (b) Every warrant shall state upon its face to whom, the amount, and the purpose for which it is issued. (c) All warrants shall be dated and shall be numbered consecutively, in a record to be kept by the board of the number and amount of each. No warrant shall be paid unless there are in the treasury funds enough to pay all outstanding warrants bearing a lower number. (d) No warrant shall be increased by reason of any depreciation in the market value thereof, nor shall any contract or warrant be made payable or paid in anything but currency.

Arkansas § 14-318-122 (Commissioners' warrant) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.