SECTIONS 29840-29845 - California Statutes

GOVERNMENT CODE

SECTION 29840-29845

29840. In lieu of the method provided in Article 2 (commencing with
Section 29820) for the registration of county warrants, the
provisions of this article may be followed for other than school
warrants upon adoption by resolution by the county board of
supervisors of any county.

29841. When any approved claim or order against funds in the county
treasury is presented to the county auditor, and the claim or order
constitutes a valid claim against a specific fund, and moneys are not
available in the fund from which to pay the claim or order, he or
she shall endorse on the claim or order the words "Not approved for
want of funds" and shall register the claim or order in the records
of his or her office.

29842. The county auditor shall number and date the registered
claim or order and shall transmit a notice to the payee that the
claim or order has been registered for want of funds and shall bear
interest at the rate of 5 percent per annum until paid.

29843. Warrants shall be issued by the county auditor in payment of
registered claims or orders from the first moneys thereafter
becoming available in the fund and before any other claims or orders
are paid from the fund.

29844. Whenever moneys become available in the fund for payment of
the registered claim or order, the county auditor shall enter on each
the amount of interest due and the total amount including principal
and interest and shall issue his or her warrant therefore for such
claims or orders according to the sequence of registration.

29845. Actual costs incurred for claim or order registration,
record maintenance, notification, interest calculation, and payment
processing may be recovered from the issuing entity as administrative
costs by the county auditor-controller.