17-8-306. Issuance of replacement warrant. (1) The state treasurer may issue a replacement warrant whenever any warrant drawn by the state is lost or destroyed. This replacement warrant must be in the same form as the original.

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(2)Whenever a replacement warrant is issued, the state treasurer shall place a stop-payment order on the original warrant.

(3)Whenever the owner or custodian applies for the issuance of a replacement warrant, the application must include an agreement to indemnify and hold harmless the state and its officers and employees from any loss resulting from the issuance of a replacement warrant.

(4)Any loss incurred in connection with the issuance of a replacement warrant must be charged against the account from which the payment was derived.