(1) If any constable receives from any person any bonds, bills, notes, or accounts for collection and gives his receipt therefor in his official capacity, and fails to pay to that person on demand the amount he may have collected, and fails to return the bonds, bills, notes, or accounts, if they have not been collected, the constable and his securities shall be responsible on his official bond for the amount of the bonds, bills, notes, or accounts not paid over or returned.
(2) No constable shall be responsible for any bond, bill, or note for which he may have given his receipts and on which suit may have been brought.