2016 Alaska Statutes
Title 43 - REVENUE AND TAXATION
Chapter 43.05 - ADMINISTRATION OF REVENUE LAWS
Article 02 - FISCAL RESPONSIBILITIES
Sec. 43.05.170 Payment and negotiability of warrants.

A warrant drawn by the Department of Administration against the state treasury must be a negotiable instrument. Upon presentation for payment, the department shall pay all warrants drawn by the Department of Administration against the state treasury that have been properly endorsed and have not been cancelled by law. The commissioner may designate one or more agents for the purpose of redeeming state warrants and may require that these agents be used exclusively for the purpose of redeeming state warrants. Warrants made payable to two or more persons in an amount less than $50 may be paid if endorsed by only one of the designated payees. In this section, "negotiable instrument" has the meaning given in AS 45.03.104 (a).

Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Free Daily Summaries in Your Inbox

You're all set! You already receive all suggested Justia Opinion Summary Newsletters. You can explore additional available newsletters here.