If the treasurer neglects or refuses to settle or report as required by law, he shall forfeit and pay to the county the sum of five hundred dollars for each act of neglect or refusal, and the board of supervisors shall institute action for the recovery thereof.
A.R.S. § 11-503
Failure to make settlement or report; penalty
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.