The property and disbursing officer shall render through the defense department such accounts of federal funds entrusted to that officer for disbursement as may be required by the treasury department of the United States. The property and disbursing officer shall receipt and be accountable for all funds and property belonging to the United States in possession of this state and shall make such returns and reports concerning the same as may be required by the secretary of defense.
37-05-04. Property and disbursing officer may entrust money to other officers - Liability - Penalty for misconduct. Under such regulations as may be prescribed by the secretary of defense, the property and disbursing officer accountable for public moneys may entrust money to any other officer of the national guard for the purpose of having that officer make disbursements thereof as the property and disbursing officer's agent, and each officer to whom money is so entrusted, as well as the officer entrusting the same to that officer, must be held pecuniarily responsible therefor to the United States. For the agent officer's official misconduct, the agent officer is subject to all the liabilities and penalties prescribed by law in like cases for the officer for whom the agent officer acts as agent.