Lawriter - OAC - 3335-3-16 University treasurer.

3335-3-16 University treasurer.

Subject to the direction of the senior vice president for business and finance and chief financial officer, the principal duties of the university treasurer shall be as follows:

(A) Receive such moneys as, in accordance with law, are not to be deposited with the state treasurer;

(B) Have charge and custody of, and be responsible for all university funds, securities, and other financial instruments of the university, including investment of operating and agency funds in accordance with the investment policy approved by the board of trustees; receive and give receipts for moneys due and payable to the university from any sources whatsoever; deposit all such moneys in the name of the university in such banks, trust companies or other depositories of the university; be responsible for the accuracy of the amounts of and cause to be preserved proper vouchers for all moneys disbursed;

(C) Keep, or cause to be kept, in the treasurer's office at the university, correct records of the financial affairs of the university, and exhibit such records to any member of the board, the president, or the senior vice president for business and finance and chief financial officer upon request at such office;

(D) In accordance with section 3335.05 of the 611111$ Revised Code, give bond, payable to the state of Ohio for the use of the university, in such sum as the board shall determine:

(1) For the safe keeping of all university funds,

(2) For the payment of same in accordance with the rules of the board, and

(3) For the faithful discharge of his or her duties as treasurer.

Such bond shall be signed by a surety company authorized to do business in the state of Ohio, and the premium thereon shall be paid by the university. Such bond shall be approved by the attorney general and filed with the secretary of state.

(E) Perform such other duties as from time to time may be assigned to him or her by the senior vice president for business and finance and chief financial officer.

Replaces: 3335-3-16

Effective: 9/8/2008
Promulgated Under: 111.15
Statutory Authority: 3335
Rule Amplifies: 3335.08
Prior Effective Dates: 09/08/2008