Section 42640 Of Article 4. General Provisions—orders, Requisitions And Warrants From California Education Code >> Division 3. >> Title 2. >> Part 24. >> Chapter 9. >> Article 4.
42640
. In lieu of drawing his warrant as provided in Section 42639,
the county auditor may, with the approval of the governing board of
the school district, endorse, date, and number the order and
requisition and may prepare a separate warrant on the county
treasurer for the same amount as the order and requisition. The
warrant shall show that it had been drawn on the order of a school
district naming the school district and shall show, the payee, date
of issue, as well as other information deemed appropriate by the
auditor.
The auditor shall draw such separate warrant by signing it and no
other signature shall be required. Thereupon the auditor shall
transmit the separate warrant to the county superintendent of schools
who shall transmit it to the governing board of the school district
for issuance to the payee or to his order, or with the approval of
the governing board of the school district, shall transmit it to the
payee.
The order and requisition may direct the transfer of the amount of
the separate warrant from the funds of the district to a clearing
fund in the county treasury (to be known as the schools commercial
revolving fund), to the end that separate warrants for all districts
may be drawn against a single revolving fund.