State Treasurer as state banking and cash management officer; duties; preemption of conflicting laws.

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(2) The State Treasurer shall continuously review the effectiveness of the cash management of state agencies, the Secretary of State, the Judicial Department and the Legislative Assembly, and when the State Treasurer considers it appropriate shall report in writing to the subject agency the findings of this review, along with any recommendations. A copy of the report shall be provided to the Legislative Fiscal Officer and to the Secretary of State.

(3) This section controls over any other law that gives another state agency general responsibility for, or control over, the accounting, fiscal or electronic commerce affairs of the State Treasury, the Secretary of State, the Judicial Department, the Legislative Assembly, the Public Defense Services Commission and state agencies as defined in ORS 291.002. State agencies shall employ the principles, standards and related requirements for cash management prescribed by the State Treasurer, including:

(a) Practices related to the use of credit, debit or similar cards or devices;

(b) The use of secure disbursing and receiving instruments, documents and systems; and

(c) The use of secure information resources, information technology and networks that meet the requirements of the State Treasurer for the electronic management, deposit or transfer of, or payment from, moneys deposited with the State Treasurer.

(4) As used in this section, "information resources" and "information technology" have the meanings given those terms in ORS 276A.206. [1993 c.73 §3; 1997 c.65 §1; 2003 c.449 §41; 2009 c.821 §22]


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