4-8.1-2-1. Safekeeping and Investment of Money and Securities
Sec. 1. The treasurer of state is responsible for the safekeeping and investment of moneys and securities paid into the state treasury. As added by Acts 1979, P.L.22, SEC.1.
4-8.1-2-10. Double Entry Records; Detail
Sec. 10. The treasurer of state shall keep double entry records of warrants paid, receipts, cash on hand, and investments for which the treasurer of state is accountable by law in sufficient detail to fulfill the requirements of the law and the duty of the treasurer of state’s office to safeguard the state treasury. As […]
4-8.1-2-11. Money Deposited by Public Debtors for Use of State
Sec. 11. All state money deposited by any public debtor in a bank for the use of the state, except when otherwise directed by law, shall be deposited to the credit of the treasurer of state and subject to the treasurer of state’s order. As added by Acts 1979, P.L.22, SEC.1. Amended by P.L.215-2016, SEC.61.
4-8.1-2-12. Rental of Safety Deposit Boxes or Vaults; Duties of Depositories That Accept Securities
Sec. 12. (a) The treasurer of state or the treasurer of state’s agent may rent safety deposit boxes or vaults of one (1) or more banks or trust companies located in the state and keep in them securities in the treasurer of state’s or agent’s custody, or give the securities to a bank, trust company, […]
4-8.1-2-13. Embezzlement or Breach of Trust
Sec. 13. Any embezzlement or breach of trust on the part of the treasurer of state shall be immediately reported to the governor by the person discovering the embezzlement or breach of trust. The governor and the auditor shall make a careful examination to see if the embezzlement or breach of trust has occurred, and […]
4-8.1-2-14. Annual Report on General Fund and Funds Managed by Treasurer; Distribution of Report
Sec. 14. The treasurer of state shall prepare a report annually before October 15 that summarizes, for the fiscal year that ended on the preceding June 30, the following information for the general fund and all other funds managed by the treasurer of state: (1) Statutory and administrative investment policies. (2) Average daily amounts of […]
4-8.1-2-15. Repealed
As added by P.L.3-1987, SEC.496. Repealed by P.L.176-1999, SEC.133 and P.L.202-1999, SEC.27.
4-8.1-2-2. Receipt, Accounting For, and Payment of Funds
Sec. 2. The treasurer of state shall receive, account for, and pay over all moneys which are required by law to be paid into the state treasury. As added by Acts 1979, P.L.22, SEC.1.
4-8.1-2-3. Delivery of Money and Securities to Successor
Sec. 3. The treasurer of state shall deliver to the treasurer of state’s successor in office all money and securities and all effects of the treasurer of state’s office. As added by Acts 1979, P.L.22, SEC.1. Amended by P.L.215-2016, SEC.57.
4-8.1-2-4. Commencement of Term; Bond of Treasurer and Deputies
Sec. 4. (a) The individual elected as treasurer of state shall take office on January 1 following the individual’s election. (b) The treasurer of state and the treasurer’s deputy treasurers shall each give bond in an amount determined by the auditor of state and the governor. The bond shall be conditioned on the faithful performance […]
4-8.1-2-5. Use of Funds as Provided by Law; Unlawful Receipt of Gratuities
Sec. 5. (a) The treasurer of state may not use or permit any other person to use the money or property received by the treasurer of state or paid into the state treasury, except as permitted by law. (b) The treasurer of state may not receive for the treasurer of state’s own use any interest, […]
4-8.1-2-6. Report of Collections Due State; Acknowledgment of Receipt by Treasurer; Duties of Auditor
Sec. 6. Before money may be deposited in the state treasury, the treasurer of state must receive from the person or agency making the deposit a report of collections due the state treasury, describing the source of the money and the fund and account to which they are to be credited. The treasurer of state […]
4-8.1-2-7. Payment of Money Upon Warrant of Auditor; Transfer of Funds
Sec. 7. (a) Except as otherwise specified in this section, the treasurer of state may not pay any money out of the state treasury except upon warrant of the auditor of state based on an approved claim. (b) The treasurer of state may transfer money invested or on deposit in a public depository to any […]
4-8.1-2-8. Limitations on Drawing Warrants or Authorizing Electronic Funds Transfer; Temporary Overdraft
Sec. 8. (a) Except as provided in subsection (b), the auditor may not draw a warrant upon the treasurer of state or authorize an electronic funds transfer from the state treasury unless there is money in the state treasury belonging to the fund upon which the warrant is drawn to pay the warrant and unless […]
4-8.1-2-9. Sufficiency of Funds for Payment of Warrant
Sec. 9. When presented a warrant, the treasurer of state shall pay the warrant if there is sufficient money in the state treasury belonging to the fund group upon which the warrant is drawn; if there is insufficient money in the fund group, the treasurer of state may not pay the warrant. When a warrant […]