A. If it appears to the satisfaction of the department of administration, by affidavit or otherwise, that any warrant or check has been lost or destroyed before payment and there is no reasonable probability of its being found or presented or that a warrant or check has not been presented for payment within the time specified on the face of the warrant or check, the department of administration may issue to the owner a duplicate of the lost, destroyed or out-of-date warrant or check. Before issuing the duplicate, the department of administration shall send a written stop payment notice to the state treasurer giving the number, amount and date of the lost, destroyed or out-of-date warrant or check, the payee and the fund on which drawn.

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B. The director of the department of administration shall establish procedures for issuing duplicate warrants or checks that protect this state and provide the owner with a duplicate warrant or check within a reasonable time.