Effective: September 29, 2015
Latest Legislation: House Bill 64 - 131st General Assembly
The treasurer of state may enter into a contract with any financial institution under which the financial institution, in accordance with the terms of the contract, receives tax and fee payments at a post office box, opens the mail delivered to that box, processes the checks and other payments received in such mail and deposits them into the treasurer of state's account, and provides the treasurer of state daily receipt information with respect to such payments. The contract shall not be entered into unless:
(A) There is attached to the contract a certification by the auditor of state that the financial institution and the treasurer of state have given assurances satisfactory to the auditor of state that the records of the financial institution which relate to tax and fee payments covered by the contract, and only such records, shall be subject to audit by the auditor of state to the same extent as if the services which the financial institution has agreed to perform were being performed by the treasurer of state;
(B) The contract is awarded in accordance with Chapter 125. of the Revised Code;
(C) The treasurer of state's surety bond includes within its coverage any loss that may occur as the result of the contract;
(D) The contract does not conflict with the requirements for accounting and financial reporting for public offices prescribed by the auditor of state.
Structure Ohio Revised Code
Chapter 113 | Treasurer of State
Section 113.01 | Election - Term.
Section 113.03 | Additional Bond.
Section 113.04 | Appointing Employees - Bond.
Section 113.041 | Employee Criminal Records Check.
Section 113.05 | The State Treasury - Custodial Funds - Commingling of Assets.
Section 113.051 | Duties of Treasurer.
Section 113.06 | Receiving Offices for Expedient Collection of Taxes and Fees.
Section 113.061 | Administrative Rules.
Section 113.08 | Payment and Procedures for Payment to Treasurer.
Section 113.09 | Creation of General Revenue Fund.
Section 113.10 | Contingent Fund.
Section 113.11 | Payments From State Treasury or Custodial Fund.
Section 113.12 | Warrants Paid on Presentation.
Section 113.13 | Statement of Balances Upon Request.
Section 113.14 | Audit of State Treasury and Custodial Funds.
Section 113.15 | Special Auditors - Powers.
Section 113.16 | Report and Record of Audit.
Section 113.17 | Governor May Suspend Treasurer of State.
Section 113.18 | Treasurer of State Restored to Office if Not Indicted or if Acquitted.
Section 113.19 | Audit of Outgoing Treasurer of State.
Section 113.20 | Cost of Administering Custodial Funds - Administrative Fund.
Section 113.21 | Treasury Education Fund.
Section 113.41 | Database of Real Property Under State Control.
Section 113.43 | County Investment Advisory Committee Reports on State Website.
Section 113.51 | Implementation and Administration of Able Account Program.
Section 113.52 | Depositories and Managers.
Section 113.53 | Application to Open Acccount.
Section 113.55 | Ohio Able Savings Program Trust Fund.
Section 113.56 | Stable Account Program Advisory Board.
Section 113.60 | Pay for Success Contracting Program.
Section 113.62 | State Pay for Success Contract Fund.
Section 113.70 | Definitions for State and Local Government Expenditure Database.
Section 113.71 | State and Local Government Expenditure Database.
Section 113.72 | Expenditure Information Required for Database.
Section 113.73 | Required Features of Expenditure Database.
Section 113.74 | Public Comment.
Section 113.75 | Confidential and Non-Public Records.
Section 113.76 | State Entity Web Site Links to Database.
Section 113.77 | Political Subdivisions and State Retirement Systems Expenditure Information.