2006 Utah Code - 17A-2-724 — Claims -- Manner of payment -- Registry of warrants -- Emergency loans.

     17A-2-724.   Claims -- Manner of payment -- Registry of warrants -- Emergency loans.
     No claims shall be paid by the district until the same shall have been allowed by the board, and then only upon warrants signed by the chair, or other trustee authorized by the board, and countersigned by the secretary, which warrants shall state the date authorized by the board and for what purpose; and if the district has not sufficient money on hand to pay such warrant when it is presented for payment, the secretary or treasurer of the district shall endorse thereon "Not paid for want of funds; this warrant draws interest from date of presentation at 6% per annum," and endorse thereon the date when so presented, over the secretary or treasurer's signature, and from the time of such presentation until paid such warrant shall draw interest at the rate of 6% per annum; provided, when there is more than the sum of $100 in the hands of the district it shall be applied upon the warrant. All claims against the district shall be verified as required in the case of claims filed against counties in this state, and the secretary of the district is hereby authorized and empowered to administer oaths to the parties verifying the claims, as the county clerk or a notary public might do. The district shall keep a register in which shall be entered each warrant, to whom payable, the date of the presentation for payment, the date of payment, and the amount paid in redemption thereof, and all warrants shall be paid in the order of their presentation for payment to the district. All warrants shall be drawn payable to the claimant or bearer in the same manner as county warrants. The district is also authorized to pay claims against the district by checks signed by the chair, or other trustee authorized by the board, and countersigned by the treasurer. To meet necessary expenses in anticipation of the collection of use charges, the board of trustees may incur indebtedness by borrowing money or otherwise, not exceeding the use charges for the current year, and as evidence of such indebtedness may issue negotiable notes of the district, payable in not more than one year from date thereof. In case of a break in the reservoir or canal or other disaster, the board of trustees is authorized to borrow money and make the necessary repairs.

Amended by Chapter 285, 2002 General Session