Government Code section 12419
(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.
Source:
Section 12419, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=12419.
(accessed May 26, 2025).