ยง 3806. Penalty  for  failure  to  render  an  account or pay over any
  balance.  Every school officer in the city of New York who shall  refuse
  or  neglect to render an account or to pay over any balance in his hands
  at the expiration of his term of office shall for each  offense  forfeit
  the  sum of fifty dollars, which sum, together with such unpaid balance,
  shall be sued for and collected by the board of education of such  city,
  which  board  shall  prosecute  without  delay  for the recovery of such
  forfeiture, together with the unpaid balance; and in case of  the  death
  of  such school officer suit may be brought against his representatives,
  and all moneys recovered, after deducting expenses, shall be  placed  at
  the disposal of the board of education of such city.
Structure New York Laws
Title 5 - Taxation and Financial Administration
Article 77 - Fines, Penalties, Forfeitures and Costs
3801 - Disposition of Fines for Benefit of Common Schools.
3802 - Disposition of Fines for Benefit of Schools of Town, District or City.
3803 - Disposition of Fines in Case of Joint District.
3804 - Report and Payment of Fines.
3806 - Penalty for Failure to Render an Account or Pay Over Any Balance.
3807 - Penalty for False Reports and Misapplication of Public Funds.
3808 - Forfeiture of Amount of Penalty Where Suit Is Neglected.
3809 - Forfeiture of Amount of Moneys Lost by Neglect.
3810 - No Costs to Plaintiffs in Certain Cases.
3811 - Costs, Expenses and Damages a District Charge in Certain Cases.
3812 - Payment of Costs, Charges and Expenses by Vote of District Meeting.
3814 - Appeal to County Judge.
3815 - Hearing Before County Judge.
3816 - Duty of Trustees or Board of Education to Carry Out Order.