§ 54-44-07 — Office to set up account against person who fails to render account

Whenever any person has received moneys or has moneys or other personal property
which belongs to the state by escheat or otherwise, or has been entrusted with the collection,
management, or disbursement of any moneys, bonds, or interest accruing therefrom, belonging
to or held in trust by the state, and fails to render an account thereof to and make settlement
with the office of management and budget within the time prescribed by law, or when no
particular time is specified, fails to render such account and make such settlement, or fails,
within twenty days after request by the office of management and budget to pay into the state
treasury any money belonging to the state, the office of management and budget shall state an
account with such person, charging interest at the rate of twelve percent per annum from the
time of the failure. A copy of such account is prima facie evidence in any suit of the things
therein stated. If the office of management and budget, for want of information, cannot state an
account, that fact may be alleged and the amount of money or other property which is due or
which belongs to the state may be stated generally.