Section 110-B:34 - Storage and Accountability for PropertyI.When not in use, all public property received by commanding officers and officers in charge shall be kept and stored in the armories or other military facilities provided for that purpose.II.Commanding officers and officers in charge shall render such reports with respect to such property as shall be required in regulations issued in accordance with this chapter.III.Every officer in charge of an armory shall be personally responsible for the care and maintenance thereof; and every officer in charge and every officer shall be personally responsible for all public property in his custody. No such officer shall be relieved of such responsibility, except that the adjutant general, upon satisfactory proof of the proper expenditure of such property or the unavoidable loss or destruction thereof, may relieve such officer from such responsibility.IV.If in the adjutant general's judgment the same shall be necessary to protect the interests of the state, the adjutant general with the approval of the governor may direct that any or all of the officers in charge of armories, or commanding officers, shall be required to give bond with respect to the public property in his or their custody. Such bond shall be in such form as the adjutant general shall prescribe. The premium thereon shall be paid from the appropriation for the adjutant general's department. Provided, however, that the adjutant general may obtain an adequate indemnity bond covering all or any of such officers; in which case, the officers so covered shall not be required to furnish individual bonds as hereinabove provided. 1981, 434:1, eff. Aug. 22, 1981.