(a) The depository shall pay out no money save upon the order of the board and upon a warrant signed by at least two (2) of the commissioners.
(b) Every warrant shall state upon its face to whom, the amount, and the purpose for which it is issued.
(c) All warrants shall be dated and shall be numbered consecutively, in a record to be kept by the board of the number and amount of each. No warrant shall be paid unless there are in the treasury funds enough to pay all outstanding warrants bearing a lower number.
(d) No warrant shall be increased by reason of any depreciation in the market value thereof, nor shall any contract or warrant be made payable or paid in anything but currency.
Section: Previous 14-318-113 14-318-114 14-318-115 14-318-116 14-318-117 14-318-118 14-318-119 14-318-120 14-318-121 14-318-122 14-318-123 14-318-124 14-318-125 14-318-126 NextLast modified: November 15, 2016