233.140. Check warrant shall bear interest if not paid when presented for payment. - Missouri Statutes

Check warrant shall bear interest if not paid when presented forpayment.

233.140. No treasurer of the districts shall pay any check warrantdrawn on such treasurer unless such check warrant is presented for paymentby the person in whose favor it is drawn or by the person's assignee,endorsee, executor or administrator and when presented for payment if thereis no money in the treasury for that purpose the treasurer shall so certifyon the back of the check warrant and shall date and subscribe the same andsuch check warrant shall bear interest at the rate of six percent per annumfrom such date until such check warrant is paid or until the money to paysuch check warrant is in the hands of the treasurer. The treasurer shallkeep a record of the check warrants presented and shall pay the same or setaside money for the payment of the same in the order in which they areissued.

(RSMo 1939 § 8703, A.L. 1997 H.B. 813)

Prior revision: 1929 § 8054