7326 - Unclaimed or Reissued Warrants Policy

Policy 7326

FINANCIAL MANAGEMENT 

Unclaimed or Reissued Warrants
Warrants which have not been redeemed within a period of twelve (12) months or longer shall be cancelled by the authority of the board.  Such action shall take place on or before the end of each calendar year.  In the event that a warrant has been lost, a replacement warrant may be issued following acknowledgement of a “stop payment” with the district’s depository.  A replacement warrant may also be issued to the estate of a deceased staff member upon notice from the court.  A replacement warrant may also be issued to a claimant whose warrant has been cancelled because of the time limitation imposed by this policy.

 

 

 

 

 

Legal References:       RCW   63.29                           Uniform Unclaimed Property Act
                                    RCW   39.56.040                    Cancellation of municipal warrants

 

 

Adoption Date:           July 23, 1996