Ohio Revised Code Search

...There is hereby created the treasurer of state's contingent fund, which shall not be a part of the state treasury. Money received by the treasurer of state that is provisional in nature or the disposition of which cannot be determined immediately shall, in accordance with rules adopted by the treasurer of state, be credited to this fund until a determination is made as to the final disposition of the money. The treas...

... No money shall be paid out of the state treasury or transferred elsewhere except as ordered by the director of budget and management. No money shall be paid out of a custodial fund of the treasurer of state except as ordered by the officer authorized by law to pay money out of the fund. The treasurer of state shall adopt rules prescribing the form and manner in which money may be paid out of the state treasury or...

... (A) As used in this section, "valid warrant" means a warrant that is not stopped, stale dated for age, voided, canceled, altered, or fictitious. (B) The treasurer of state, on presentation, shall pay all valid warrants drawn on the state treasury by the director of budget and management. On a daily basis, the treasurer of state shall provide to the director electronic records of all warrants the treasurer of stat...

... The treasurer of state shall have available and, as requested, transmit to the director of budget and management and to the governor information concerning the amount in the active account and the amount of cash on hand.

...When considered necessary, an audit shall be made of the state treasury and the custodial funds of the treasurer of state, including the office of the commissioners of the sinking fund, by a committee of the general assembly or of either house thereof authorized by resolution, or by a committee of persons not members of the general assembly appointed by resolution of the general assembly. When required by law, or if ...

...Upon demand of any of the persons appointed as special auditors under section 113.14 of the Revised Code, the treasurer of state shall submit for audit all his records concerning, and the assets of, the state treasury and the custodial funds of the treasurer of state. The treasurer of state, his clerks, or any other person may be questioned under oath by any of the persons making the audit, and the auditors may admin...

...If upon an audit there is found in the state treasury and the custodial funds of the treasurer of state the moneys, claims, bonds, notes, other obligations, stocks, and other securities, receipts or other evidences of ownership, and other intangible assets which should be in the state treasury or in the custodial funds of the treasurer of state, the auditors shall make triplicate written certificates of the fact over...

...If, upon an audit of the state treasury and the custodial funds of the treasurer of state under sections 113.14 to 113.16 of the Revised Code, or at any other time, there is a deficiency in moneys, claims, bonds, notes, other obligations, stocks, and other securities, receipts or other evidences of ownership, or other intangible assets which should be in the state treasury or in the custodial funds of the treasurer o...

...Upon the suspension of a treasurer of state as provided in section 113.17 of the Revised Code, the governor shall cause his arrest and prosecution for the offense charged. If the suspended treasurer of state is not indicted within four months of the date of the suspension or is acquitted of the offense charged before his term of office has expired, he shall immediately be restored to office and all the rights, duties...

...(A) When the term of the treasurer of state or acting treasurer of state expires, or he resigns, is removed, or is suspended from office, an audit shall be made by the auditor of state of the state treasury and the custodial funds of the treasurer of state. The liability of the outgoing treasurer of state, acting treasurer of state, or their respective sureties, shall not be discharged until the audit is completed by...

...The cost to the treasurer of state of safekeeping, disbursing, and administering moneys and other assets of the custodial funds of the treasurer of state which is not otherwise provided for by law may be charged by the treasurer of state to the entity for which the services were provided. The money collected from such charges shall be credited to the treasurer of state's administrative fund, which is hereby created ...

...The treasury education fund is hereby created in the state treasury. The fund shall consist of gifts, grants, and contributions received by the treasurer of state for the purposes of the fund. The fund shall be used to support various education programs, which may include, but are not limited to, programs on capital project financing, local government investment, linked deposits, and other finance-related topics. The...

... There is hereby created in the state treasury the treasurer's information technology reserve fund. The fund shall consist of unexpended amounts transferred from either or both of the following: (A) The securities lending program fund created under section 135.47 of the Revised Code; (B) The account created under section 3366.05 of the Revised Code that is in the custody of the treasurer of state and not part o...

...(A) The treasurer of state may designate a private entity to serve as the single state information depository in this state for the purpose of assisting brokers, dealers, including municipal securities dealers, and individuals in complying with rule 15c2-12 promulgated by the securities and exchange commission under the "Securities Exchange Act of 1934," 48 Stat. 881, 15 U.S.C. 78o(c). In designating the entity to se...

... (A) As used in this section: (1) "Administrative agent of the board of deposit" means the treasurer of state. (2) "Financial transaction device" includes a credit card, debit card, banking card, prepaid or stored value card, or any other device or method for making an electronic payment or transfer of funds denominated in United States dollars. (3) "Processor" means an entity conducting the settlement of an ...

...The treasurer of state shall make available to the public, on the treasurer of state's internet web site, the county investment advisory committee reports prepared under division (L) of section 135.35 of the Revised Code.

...As used in sections 113.50 to 113.56 of the Revised Code: (A) "ABLE account" means an individual account opened in accordance with the program or a similar ABLE account program established by another state in accordance with section 529A of the Internal Revenue Code. (B) "Account owner" means a designated beneficiary or any other person authorized to be the owner of an ABLE account under federal law. (C) "Designat...

... (A) The treasurer of state shall implement and administer a program under the terms and conditions established under sections 113.50 to 113.56 of the Revised Code. For that purpose, the treasurer shall do all of the following: (1) Develop and implement the program in a manner consistent with the provisions of sections 113.50 to 113.56 of the Revised Code; (2) Engage the services of consultants on a contract basi...

... (A) The treasurer of state shall solicit proposals from financial organizations to act as depositories and managers of the program. Financial organizations submitting proposals shall describe the investment instruments that will be held in program accounts. The treasurer may select more than one investment instrument for the program. The treasurer shall select as program managers the financial organization or organi...

... (A) A designated beneficiary, or a trustee or guardian of a designated beneficiary who lacks capacity to enter into an agreement, may apply, on forms prescribed by the treasurer of state, to open a program account. A beneficiary may have only one ABLE account. The treasurer of state may impose a nonrefundable application fee. The application shall require the applicant to provide the following information: (1) The...

...(A) Nothing in sections 113.50 to 113.56 of the Revised Code creates any obligation of the treasurer of state, the state, or any state agency to guarantee for the benefit of any account owner or designated beneficiary any of the following: (1) Return of principal; (2) Rate of interest or other return on any program account; (3) Payment of interest or other return on any program account. (B) Every contract, applic...

...(A) The Ohio ABLE savings program trust fund is hereby created, which shall be in the custody of the treasurer of state but shall not be part of the state treasury. The fund shall be used if the treasurer of state elects to accept deposits from contributors rather than have deposits sent directly to a program manager. The fund shall consist of any moneys deposited by contributors in accordance with sections 113.50 to...

...(A) There is hereby created the STABLE account program advisory board, consisting of nine members, composed of the following: (1) The director of developmental disabilities or the director's designee; (2) One member of the house of representatives appointed by the speaker of the house of representatives; (3) One member of the senate appointed by the president of the senate; (4) One member appointed by the gov...

... (A) As used in this section and sections 113.61 and 113.62 of the Revised Code: (1) "Service intermediary" means a person or entity that enters into a pay for success contract under this section and sections 113.61 and 113.62 of the Revised Code. The service intermediary may act as the service provider that delivers the services specified in the contract or may contract with a separate service provider to deliver...

...(A) A pay for success contract entered into under section 113.60 of the Revised Code shall include provisions that do all of the following: (1) Require the treasurer of state, in consultation with the requesting state agency or agencies and the director of administrative services, or in consultation with the requesting political subdivision or group of political subdivisions, to specify performance targets to be met...