I. – An imprest administrator carrying out collection and payment operations on behalf of a public accountant is responsible for the custody and safekeeping of the funds and valuables he collects or which are advanced to him by the public accountant, the handling of funds and movements of cash accounts, the keeping of supporting documents and the keeping of accounts of operations.
The imprest administrator is responsible for all operations of the imprest account from the date of his installation until the date of cessation of his duties.
II. – (Repealed)
III. – (Repealed)
IV. – (Repealed)
V. – Any breach of the provisions of this article shall result in the immediate termination of the duties of the régisseur.