Instructions regarding disposition of these funds are contained in Subsection 85.38.50 . Statutorily canceled warrants presented to OST for payment are to be sent to the issuing agency. When a statutorily canceled warrant is reported as lost or destroyed, an agency may issue a new warrant. If the issuing agency determines not to reissue the warrant, a letter explaining the reason for disallowance is to be sent to the legal owner. OST is responsible for controlling statutorily canceled warrants.
Agencies are to maintain a record of reissued statutorily canceled warrants.
When a warrant has been reported as lost or destroyed, the agency is to contact OST to request information on the status of the warrant. If the warrant has been statutorily canceled, the procedures listed in Subsection 85.38.20 are to be followed. If the warrant has been redeemed, the procedures for forged warrants listed in Subsection 85.38.40 are to be followed. If the warrant has not been canceled or redeemed, OST is to notify the agency in writing. The agency is to determine whether the warrant was lost or destroyed before or after delivery to the payee.