7-7-77 - Settlement and accounting for moneys collected.
§ 7-7-77. Settlement and accounting for moneys collected.
The state auditor shall settle with the proper officers and pay over all moneys collected by him under the provisions of Sections 7-7-67 through 7-7-79 as required by law. He shall make a report to the state treasurer at the end of the fiscal year, giving a full account of all said collections by him during the preceding fiscal year, and of whom and on whose account collected. For a failure to render such account and settle and pay over all such collections made by him as required by law, the state auditor shall be suspended from office by the governor in the same manner as in the case of a defaulting state treasurer.
Sources: Codes, 1942, § 3867-06; Laws, 1970, ch. 542, § 6, eff from and after passage (approved April 6, 1970).