67-1204 MONEY TO BE KEPT IN VAULT -- PENALTY.

TITLE 67

STATE GOVERNMENT AND STATE AFFAIRS

CHAPTER 12

STATE TREASURER

67-1204. Money to be kept in vault -- Penalty. (1) All state moneys in the custody of the state treasurer not otherwise deposited or invested as is or may be provided by law, shall be kept in the vault and safe as provided for that purpose in the capitol building and in no other place.

(2) During the capitol building renovation, beginning in fiscal year 2007, or during relocation due to an emergency, these same moneys as set forth above, shall be kept in a vault within the office of the state treasurer’s temporary location. Upon completion of this renovation, the provisions of subsection (1) of this section shall apply.

(3) A violation of this section shall subject the state treasurer, upon conviction thereof, to pay a fine of not less than five thousand dollars ($5,000) nor more than ten thousand dollars ($10,000), or to imprisonment in the state prison for a period of not less than one (1) nor more than ten (10) years, or to both such fine and imprisonment.