(2) The issuance and delivery by the disbursing officer of a payment in accordance with the procedure set forth in subsection (1) of this section and proper acceptance thereof by the financial institution shall constitute full acquittance for the amount due to the officer or employee. [1967 c.69 §§2,3; 1969 c.378 §10; 1997 c.631 §443; 1999 c.311 §3; 2001 c.29 §1; 2019 c.587 §37]