Arizona Statutes

§ 48-1601 — District warrants

Arizona·Title 48 Arizona Revised Statutes·Ch. 11 POWER DISTRICTS·Art. 4 Financial Provisions
A.No claim shall be paid by the district treasurer until it has been allowed by the board of directors, and then only upon warrants signed by the president and countersigned by the secretary. The warrants shall state the date when the claim was allowed by the board and from what funds payable. If the district treasurer does not have sufficient money in the fund to pay the warrant when it is presented for payment, he shall endorse thereon the date when presented and the words, "not paid for want of funds - -this warrant draws interest from this date at six per cent per annum," and sign the endorsement. The warrant shall draw interest at the rate of six per cent per annum from the date of endorsement until paid.
B.When the warrant is first presented for payment, if there is any money in t

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