Section 12419 Of Article 2. Duties From California Government Code >> Division 3. >> Title 2. >> Part 2. >> Chapter 5. >> Article 2.
12419
. The Controller shall state an account with any person who:
(a) Has received money or has money or other personal property
which belongs to the State by escheat or otherwise, or has been
intrusted with the collection, management, or disbursement of any
money, 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 Controller within the time prescribed by
law, or when no particular time is specified, fails to render such
account and make settlement.
(b) Fails to pay into the State treasury any money belonging to
the State upon being required so to do by the Controller, within 20
days after such requisition.
In stating such an account, the Controller shall charge 25 per
cent damages, and interest at the rate of 10 per cent annually from
the time of the failure.
In any action based thereon a copy of such an account is prima
facie evidence of the things therein stated. If the Controller can
not for want of information state an account, he may in any action
brought by him aver that fact, and allege generally the amount of
money or other property which is due or belongs to the State.