Z-1383               _______________________________________________

                                                   SENATE BILL NO. 4591

                        _______________________________________________

State of Washington                              49th Legislature                              1986 Regular Session

By Senators Thompson, Zimmerman and Rasmussen; by request of State Treasurer

Read first time 1/16/86 and referred to Committee on Governmental Operations.

AN ACT Relating to state warrants; and amending 43.08.062.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  Section 43.08.062, chapter 8, Laws of 1965 as amended by section 2, chapter 10, Laws of 1981 and RCW 43.08.062 are each amended to read as follows:

          Should the payee or legal holder of any warrant drawn against the state treasury fail to present the warrant for payment within ((two years)) one hundred eighty days of the date of its issue or, if registered and drawing interest, within ((two years)) one hundred eighty days of its call, the state treasurer shall enter the same as canceled on the books of his office.

          Should the payee or legal owner of such a canceled warrant thereafter present it for payment, the state treasurer may, upon proper showing by affidavit and the delivery of the warrant into his possession, issue a new warrant in lieu thereof, and the state treasurer is authorized to pay the new warrant.