Upon the presentation of warrants for payment when funds for payment are not available, the treasurer of the district or of the county, as the case may be, shall endorse on them all of the following:
(a) “Funds not available for payment.”
(b) The date of presentation.
(c) The interest that the warrants shall thereafter bear.
(d) His signature.
A warrant so registered is a registered warrant.
(Added by Stats. 1951, Ch. 391.)