Private Acts of 1941 Chapter 513

SECTION 1. That whenever any school warrant payable to any teacher or operator of buses as well as school warrants issued for any item of expense in connection with the school system of Union County, is presented to the Trustee of Union County for payment, and there is insufficient money in the hands of the Trustee to pay such warrant, the Trustee shall stamp thereon the date such warrant is presented for payment and register same in a book for that purpose and from the date of presentation and registration such warrant shall draw interest at the legal rate fixed by statute in this State.

SEC. 2. That it shall be the duty of the Trustee, when funds are available to pay said warrants in the order of their priority as registered, and from the date said funds are available, interest shall cease and the holder of said warrant shall not be entitled to collect interest thereafter. This Act shall not apply to any outstanding warrant before the effective date of this Act.

SEC. 3. That this Act shall take effect from and after July 1, 1941, the public welfare requiring it.
Passed: February 15, 1941.