(1) A public administrator shall, as soon as the public administrator receives the money, deposit with the county treasurer of the county in which probate proceedings are pending all money of the estate. The money may be drawn upon the order of the public administrator, countersigned by a district judge, when required for the purposes of administration.
(2) The county treasurer shall receive and safely keep all money and pay the money out upon the order of the public administrator, when countersigned by a district judge and not otherwise, and keep an account with the estate of all money received and paid to the county treasurer. The treasurer and the treasurer's sureties are liable upon the treasurer's official bond for the safekeeping and payment of all money as provided in this section.