1. Whenever any warrant of the State Controller is presented to the State Treasurer for payment, the warrant becomes a check or order of the State Treasurer if the State Treasurer endorses thereon the name of the insured depository bank, insured credit union, insured savings and loan association or insured savings bank, where payable, and a number, as provided by NRS 356.070 , and countersigns his or her name thereto as State Treasurer. 2. The warrant must be drawn, as near as may be, upon the insured depository bank, insured credit union, insured savings and loan association or insured savings bank nearest the residence, if known, of the payee named in the warrant.
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