Section 19478 Of Article 3. Powers From California Education Code >> Division 1. >> Title 1. >> Part 11. >> Chapter 8. >> Article 3.
19478
. When any warrant is presented to the treasurer for payment
and it is not paid for want of funds, the treasurer shall endorse
thereon "not paid for want of funds" with the date of presentation
and sign his name thereto, and from that time the warrant bears
interest at the rate of 6 percent per annum until it is paid or until
funds are available for its payment and the county treasurer gives
notice to the warrant holder that funds are available for the
payment. The giving of the notice is deemed complete upon deposit
thereof in the United States mail in a sealed envelope addressed to
the warrant holder at his address given by him at the time of
presentation of the warrant to the treasurer, with postage thereon
fully prepaid and registered.