Section 8975 Of Article 6. Warrants From California Water Code >> Division 5. >> Part 4. >> Chapter 7. >> Article 6.

. When, upon presentation to the State Treasurer, payment can not be made for want of funds the State Treasurer shall register the warrants as of the date of registration of the original warrant and the substituted warrants shall bear interest from the original date of registration at the rate of 7 per cent per annum as provided in this chapter.