(a) It shall be the duty of the sheriffs of this state to receive from the county clerks all warrants ordered by their respective county courts by virtue of § 6-43-109(b)(5) and present them to the county treasurer for payment.

(b)

(1) The county treasurer of the proper county shall pay the warrants on presentation from any money on hand and appropriated for pauper purposes.

(2) However, if there is no money in the county treasurer's hands from which to pay off the warrants, he or she shall endorse the fact on the warrants, date and sign the endorsement, and return them to the sheriff.

(c)

(1) The Treasurer of State is authorized to receive from the several sheriffs and collectors of the state any and all such warrants as may be ordered and issued in payment for clothing and expenses of indigent pupils in the Arkansas School for the Blind or the Arkansas School for the Deaf by the county courts of the counties that are or may be liable for such expenses.

(2) The warrants shall be drawn in favor of the state, shall state on their face the name of the pupil or inmate whose expenses are thereby refunded, and shall be endorsed as required by subsection (b) of this section.

(d) The Treasurer of State is authorized to apply such county warrants so received in payment of the Auditor of State's warrants drawn in favor of the counties for funds received from sales or redemption of lands in lieu of any currency in his or her hands from the source belonging to the respective counties whose warrants he or she holds, replacing the county warrants with the currency.

(e) The State Board of Finance may biennially in October make such disposition of the county warrants so received and not converted into par funds, as provided in subsection (d) of this section, as shall in the judgment of the board be for the best interest of the state and shall order the proper adjustment of the account of the county warrants on the books of the Treasurer of State and Auditor of State.