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HomeEducation CodeCh. 9Art. 2§ 19660 Unpaid Warrant Interest Rules

§ 19660 Unpaid Warrant Interest Rules

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 19660 Unpaid Warrant Interest Rules

Key Takeaways

  • •If the government can't pay a bill (called a warrant) because they don't have enough money, they write 'not paid for want of funds' on it with the date and sign it.
  • •From that date, the government owes 6% interest every year on the unpaid bill until they can pay it.
  • •The government must tell the person they owe money to when they can pay. They do this by mailing a letter to the address the person gave them.
  • •The interest stops when the government pays the bill or tells the person they can pay it.

Example

Imagine you fix the school's roof, and the school says they'll pay you $1,000. But when you ask for the money, they say they don't have enough right now.

The school writes on your bill 'not paid for want of funds' with the date and signs it. From that day, they owe you 6% extra money every year until they pay you. They also have to mail you a letter when they have the money to pay you.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 19660 Unpaid Warrant Interest Rules

When any warrant is presented to the treasurer for payment and it is not paid for want of funds the treasurer shall endorse thereon “not paid for want of funds” with the date of presentation and sign his name thereto and from that time the warrant bears interest at the rate of 6 percent per annum until it is paid or until funds are available for its payment and the county treasurer gives notice to the warrant holder that funds are available for payment. The giving of the notice is deemed complete upon deposit thereof in the United States mail in a sealed envelope addressed to the warrant holder at his address given by him at the time of presentation of the warrant to the treasurer, with postage thereon fully prepaid and registered. (Enacted by Stats. 1976, Ch. 1010.)

Last verified: January 23, 2026

Key Terms

not paid for want of funds6 percent per annumwarranttreasurer

Related Statutes

  • § 19659 Library District Payment Orders
  • § 19478 Unpaid Warrant Interest
  • § 19640 Library Trustee Meetings
  • § 19641 Trustee Called Meetings
  • § 19642 Board Quorum Requirement

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 19660.
View Official Source