§ 17070 Unpaid Warrant Cancellation

Key Takeaways

•If the government writes a check (warrant) and doesn't pay it for a whole year, even though they have the money, they have to cancel it.
•The government must have enough money to pay the check and other more important bills before canceling it.
•This rule helps clean up old, unpaid checks that the government forgot about.

Example

Imagine the government writes a check to a school for new books but forgets to send the money. Even though they have the money in their bank account, they don’t pay it for a year.

Since the government had the money to pay the check and didn’t, they have to cancel it after one year. This means the school won’t get the money for the books anymore.

Whenever any warrant issued by the Controller is unpaid for one year after it becomes payable, sufficient unapplied moneys having been available for the payment of the warrant and for the payment of all senior obligations, the Controller shall cancel it. (Amended by Stats. 1997, Ch. 920, Sec. 5. Effective October 12, 1997.)

Key Takeaways

•If the government writes a check (warrant) and doesn't pay it for a whole year, even though they have the money, they have to cancel it.
•The government must have enough money to pay the check and other more important bills before canceling it.
•This rule helps clean up old, unpaid checks that the government forgot about.

Example

Imagine the government writes a check to a school for new books but forgets to send the money. Even though they have the money in their bank account, they don’t pay it for a year.

Since the government had the money to pay the check and didn’t, they have to cancel it after one year. This means the school won’t get the money for the books anymore.

Key Takeaways

Example

Key Terms

References

§ 17070 Unpaid Warrant Cancellation

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References