A Kimberly School District check shall be canceled when:
- It is outstanding for more than six (6) months; or
- It has been lost or stolen (such report must be writing); or
- It has been returned by the payee for some reason.
In such an instance, the check shall be voided. If the check is replaced with a new check, a “stop payment” order shall be filed with the bank from which the check is drawn. If the bank charges a fee for this service (stop payment), the cost shall be born by the check’s payee.
LEGAL REFERENCE:
Idaho Code Sections 33-506
POLICY HISTORY
Adopted: September 16, 2004
Revised: