If at any time during the certification for food stamp assistance, the recipient becomes possessed of any property, real or personal, or income in excess of the amount stated in the recipient's application for such assistance or transfers any of the recipient's property, real or personal, it shall be the duty of the recipient to immediately notify the area manager of the local county office of the department of the transfer, receipt or possession of such property or income. Any food stamp assistance paid after the recipient has come into possession of property, real or personal, or income, or, if it is determined that a recipient possessed property or income in an amount greater than that stated in the recipient's application, or has transferred any of the recipient's property, real or personal, that renders the recipient ineligible to receive such assistance under the rules and regulations of the department, the full amount of such assistance shall be recoverable in a suit by the state as a debt due the state.