67-1201. DUTIES OF TREASURER. It is the duty of the treasurer: (1) To receive and keep all moneys belonging to the state not required to be received and kept by some other person. The treasurer may: (a) Name additional or multiple custodians for such moneys. (b) Administer programs associated with receipt and keeping such moneys […]
67-1202. FUNDS OF STATE BOARD OF LAND COMMISSIONERS. (1) It is the duty of the treasurer in relation to funds within the control of the state board of land commissioners to receive from and receipt to the board for money and evidences of indebtedness, subject, however, to final payment, which are accepted by banks as […]
67-1203. ESTABLISHMENT OF A STATE TREASURER INVESTMENT ADVISORY BOARD — MEMBERS — QUALIFICATIONS. There is hereby established in the office of the state treasurer a state treasurer investment advisory board, hereinafter referred to as the "investment board." This investment advisory board shall consist of the state treasurer, who shall act as chairman of the investment […]
67-1203A. BOARD — APPOINTMENT OF MEMBERS — TERM — REMOVAL — VACANCIES — ORGANIZATION — QUORUM — MEETINGS — COMPENSATION. (1) The members of the board appointed by the governor shall serve for terms of four (4) years, provided that for the first term the governor shall appoint three (3) members who shall serve for […]
67-1203B. RECOMMENDATION OF THE TYPES AND KINDS OF INVESTMENTS. (1) The investment board shall recommend the types and kinds of investments that the state treasurer or an investment manager would utilize to manage the idle moneys and such other moneys as the treasurer is authorized to invest pursuant to sections 67-1210 and 67-1210A, Idaho Code. […]
67-1204. MONEY TO BE KEPT IN OFFICE — PENALTY. (1) All state moneys in the custody of the state treasurer not otherwise deposited or invested as is or may be provided by law shall be kept in a secure location in the office of the state treasurer. (2) A violation of this section shall subject […]
67-1205. GENERAL FUND DEFINED — PAYMENT OF INTEREST. The general fund consists of moneys received into the treasury and not specially appropriated to any other fund. All necessary interest on registered warrants drawn upon the general fund shall be paid out of the general fund, and there is hereby appropriated out of the said general […]
67-1206. TRANSFERS OF BALANCES IN FUNDS. Whenever there shall be or remain in any special or temporary fund created or established by or under any law of the state of Idaho, a surplus or unexpended and unencumbered balance after the purpose or purposes for which such special or temporary fund was provided shall have been […]
67-1207. TEMPORARY DIVERSION OF REVENUES TO CEASE ON ACCOMPLISHMENT OF PURPOSE. Whenever revenues are diverted from the general fund of the state, in order to provide a special or temporary fund for a particular purpose or a number of purposes, and such purpose or purposes shall have been fully accomplished, such diversion shall cease, and […]
67-1209. SUSPENSE FUND. Any state officer, department, board, or institution having or receiving money in trust or for safekeeping pending its final disposition or distribution shall deposit the same in the state treasury in a special suspense fund from which it may be withdrawn or distributed under policies and procedures of the state controller. History: […]
67-1210. INVESTMENT OF IDLE MONEYS. (1) It shall be the duty of the state treasurer to invest idle moneys in the state treasury in any of the following: (a) Bonds, treasury bills, interest-bearing notes, or other obligations of the United States, or those for which the faith and credit of the United States are pledged […]
67-1210A. ADDITIONAL ALLOWABLE INVESTMENTS BY THE STATE TREASURER. (1) In addition to investments enumerated in section 67-1210, Idaho Code, the state treasurer is authorized and empowered to invest state moneys or any other moneys in his hands, including, but not limited to, moneys of any public agency invested pursuant to joint exercise of powers agreements, […]
67-1210B. ABILITY TO CONTINUE TO INVEST. In addition to investments enumerated in sections 67-1210 and 67-1210A, Idaho Code, the state treasurer is authorized and empowered to continue investment of state funds or any other funds in his hands under securities lending agreements in place upon the effective date of this section, subject to the provisions […]
67-1211. PAYMENT OF WARRANTS. The state treasurer must pay warrants on any of the several funds in his office as prescribed by law, provided that the state treasurer and his employees reserve the right to deny the cashing of warrants in the treasurer’s office that total more than two thousand dollars ($2,000). Any or all […]
67-1212. UNPAID WARRANTS — INTEREST — RECORD. (1) All warrants drawn upon funds in which the balance is insufficient to pay them must be reported to the state treasurer by the state controller. All such warrants shall be registered by the state treasurer as follows: he shall date and sign the report and return the […]
67-1213. REFUSAL TO PAY WARRANTS — PENALTY — CANCELLATION. If the state treasurer wilfully and unlawfully refuses to pay any warrant lawfully drawn upon the treasury, he forfeits and must pay fourfold the amount, to be recovered by action against the treasurer and his sureties on his official bond or otherwise: provided, that on the […]
67-1214. DELIVERY OF BONDS SOLD OUTSIDE STATE. Whenever bonds sold by the state of Idaho are to be delivered to the purchasers outside the state capital, the state treasurer is authorized and empowered to deliver the said bonds through the agency of any bank qualified as a depository of state moneys. The treasurer, upon deposit […]
67-1215. NOTICE OF CALL OF WARRANTS. Whenever there is an amount to the credit of any state fund as shown by the books of the state treasurer, sufficient to pay the warrant or warrants next entitled to payment therefrom, the state treasurer shall immediately post at the door of his office a notice that such […]
67-1216. INSPECTION OF TREASURER’S OFFICE. The books, papers, letters and transactions pertaining to the office of treasurer, are at all times during office hours open to the inspection of a committee of the legislature, or either branch thereof, to examine and settle all accounts, or to take copies of the same, and to count all […]
67-1217. TREASURER’S OFFICE — INSPECTION BY GOVERNOR. The governor of the state is hereby authorized and directed, at any time whenever he considers it necessary for the safe-keeping and disbursement of public moneys, to make an examination of the amount in the possession of the state treasurer, and for that purpose must have access to […]
