A warrant issued by the Auditor of State is not payable by the Treasurer of State unless the warrant has been presented for payment within the twelve (12) months immediately following the close of the fiscal year or other appropriate fiscal period against the appropriation for which the warrant was charged.
Redemption of warrants
Ark. Code Ann. § 19-4-703 — under GENERAL ACCOUNTING AND BUDGETARY PROCEDURES.
Ark. Code Ann. § 19-4-703