If any county treasurer refuses, fails or neglects to make prompt payment of the tax or any part thereof collected under this article to the district treasurer he shall pay a penalty of ten per cent on the amount of his delinquency. Such penalty shall at once become due and payable and both he and his securities shall be liable therefor on his aforesaid bond.
HISTORY: 1962 Code Section 18-555; 1952 Code Section 18-555; 1942 Code Section 6177; 1932 Code Section 6177; Civ. C. '22 Section 3231; 1920 (31) 663.