Section 3

Section 3. The State Workmen's Insurance Board, its officers and employes, shall, whenever a demand is made upon them by the Auditor General or his agents, submit for the inspection and examination of the Auditor General or his agent all reports, vouchers, checks, receipts, books, and records, as well as any cash or securities or property, representing cash or cash disbursements, in their possession, and the failure of the members of such State Workmen's Insurance Board so to do shall make each member that so refuses liable to a penalty of five thousand dollars ($5,000), and the failure of the officers and employes of such board so to do shall disqualify them from holding their respective offices or employment.