State Treasurer definition
Examples of State Treasurer in a sentence
The State Treasurer may enter into a contract with a sub-eustodian bank to assist in the execution of these responsibilities.
When used in this Agreement, the term "Custodian" refers to the State Treasurer, the State Treasurer's subcustodian, and agents of the State Treasurer's subcustodian.
As custodian, the State Treasurer is also responsible for preparing and delivering securities for settlement as authorized by the Board, attending to corporate actions, maintaining a book of record for these securities, facilitating an annual examination of these securities and books, and for preparing payment for securities transactions upon presentation of warrants properly signed and authorized.
The State Treasurer is responsible for the temporary investment of cash balances until funds are required to meet disbursements or to acquire investments.
In this capacity, the State Treasurer is responsible for the safe physical custody of investment instruments and the safe custody of any book-entry investment instruments that are held in depositories on behalf of the Commonwealth.