Organization and functions of the office of state treasurer.

84-01-01-01. Organization and functions of the office of state treasurer. 1. History. The state treasurer is a constitutionally elected officer of the state under section 2 of article V of the Constitution of North Dakota. The powers and duties of the state treasurer are prescribed by law. 2. Functions. The state treasurer receives and keeps all money of the state except if otherwise provided; disburses public money upon warrants lawfully drawn; renders the treasurer's accounts to the office of management and budget as required; reports biennially to the governor the balance in the treasury; maintains custody of the permanent fund; is custodian of the securities of the state; and is responsible for several distributions of taxes to county and city government. The state treasurer serves, by law, on the university and school lands board, state investment board, state board of equalization, state historical board, state board of canvassers, and the teachers' fund for retirement board. 3. Inquiries. All inquiries regarding the state treasurer's office may be addressed to: State Treasurer State Capitol 600 East Boulevard Avenue Bismarck, North Dakota 58505-0600 All requests for hearings, rulings, and for participation in rulemaking may be addressed to the state treasurer, unless specific public notice directs otherwise. History: Effective October 1, 1987; amended effective February 1, 1993; December 1, 1998; January 1, 2007. General Authority: NDCC 28-32-02.1 Law Implemented: NDCC 28-32-02.1 1