Colorado Statutes
§ 24-36-107 — Warrants or checks endorsed when not paid - exception
(1)Whenever upon presentation for payment of any issued and outstanding warrant or
any issued and outstanding check there are insufficient funds in the state treasury
to pay the same, the state treasurer shall endorse thereon the following:
Presented for payment (insert date). Insufficient funds. This warrant or check shall
draw interest from this date at the rate of six percent per annum. and shall return
such warrant or check to the person presenting it for payment.
(2)Noninterest-bearing general fund warrants and checks lawfully issued
pursuant to the provisions of section 24-75-208 are exempt from the provisions of
this section.
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Legislative History
Source: L. 71: R&RE, p. 97, � 1. C.R.S. 1963: � 3-6-7. L. 2014: Entire section
amended, (HB 14-1391), ch. 328, p. 1453, � 10, effective June 5.
Nearby Sections
15
§ 24-1-101
Legislative declaration§ 24-1-102
Short title§ 24-1-103
Head of department defined§ 24-1-106
Agencies not enumerated - continuation§ 24-1-109
Office of the governor§ 24-1-110
Principal departments§ 24-1-111
Department of state - creation§ 24-1-112
Department of the treasury - creation§ 24-1-113
Department of law - creation§ 24-1-115
Department of education - creation§ 24-1-117
Department of revenue - creation