Ohio HB 278 establishes the financial and investment responsibilities of the Treasurer of State.
Ohio HB 278 outlines the investment and deposit powers of the Treasurer of State, including the types of securities eligible for investment, the conditions under which these investments can be made, and the responsibilities of the Treasurer in safeguarding and managing these funds. The bill specifies that the Treasurer can invest in various types of securities, such as U.S. Treasury bills, bonds, and notes, as well as those issued by other states or political subdivisions.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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