Education Code - EDC
TITLE 3. POSTSECONDARY EDUCATION [66000 - 101460]
( Title 3 enacted by Stats. 1976, Ch. 1010. ) DIVISION 7. COMMUNITY COLLEGES [70900 - 88933]
( Division 7 enacted by Stats. 1976, Ch. 1010. ) PART 50. FINANCE [84000 - 85304]
( Part 50 enacted by Stats. 1976, Ch. 1010. ) CHAPTER 8. Expenditures and Appropriations [85220 - 85304]
( Chapter 8 enacted by Stats. 1976, Ch. 1010. ) ARTICLE 6. Void Warrants [85270 - 85272]
( Article 6 enacted by Stats. 1976, Ch. 1010. ) 85271.
Any warrant drawn on the funds of a district retirement system and issued to the claimant thereof but not presented for payment to the county treasurer within two years after it was issued is void and the proceeds of such warrants shall revert to and become a part of the contributions of the district and shall be applied to reduce the cost to the taxpayers of the district maintaining the retirement system. The county auditor shall each month inform the county superintendent of schools of warrants which have become void during the preceding month, and the county superintendent of schools shall transmit such information to the governing board of the community college district.
(Enacted by Stats. 1976, Ch. 1010.)