The commanding officer of each organization of the organized militia or National Guard or naval militia to whom ordnance, quartermaster and other stores are issued shall be accountable or responsible therefor and such property shall remain in the armory of that organization except when in use in discharge of military duty or when otherwise ordered by the Governor. A suitable armory shall be selected for the deposit of such property, and no property shall be issued until the bonds required have been executed and approved as provided by law.
(1949 Rev., S. 1266.)