USA Statutes : oregon
Title : TITLE 18 EXECUTIVE BRANCH; ORGANIZATION
Chapter : Chapter 178 State Treasurer
(1) The State Treasurer, before entering
upon the duties of the office of the State Treasurer, shall take and
subscribe the oath required by the Constitution, and give to the State of
Oregon a fidelity bond executed by a corporate insurance company licensed
to transact the business of surety within this state, in such penal sum,
not less than $200,000, as the Governor shall determine.
(2) The bond shall be conditioned for the:
(a) Faithful discharge by the State Treasurer of the duties of
(b) Faithful performance by all persons employed in the office, of
their duties and trusts therein.
(c) Transfer and delivery to the successor in office, or to any
other person authorized by law to receive the same, of all moneys, books,
papers, records and other articles and effects belonging to the office.
(3) The bond shall be deemed to extend to the faithful performance
of all duties of the office of treasurer until a successor is elected and
(4) The bond shall be approved by the Governor and, with the oath
of office of the treasurer, shall be preserved in the executive office.
[Amended by 1977 c.366 §2] Whenever the Governor, for
any cause, deems the bond of the State Treasurer insufficient in amount,
the Governor shall require the treasurer to give an additional like bond
within such time, and in such reasonable amount, as the Governor directs
and approves.(1) If the State Treasurer, in furnishing the
bond required from the State Treasurer by law, furnishes a bond executed
by a surety company legally authorized to transact business in this
state, and the bond is approved by the Governor, the state shall pay the
premium for the bond, not to exceed one-third of one percent per annum of
the penalty named in the bond so executed and approved.
(2) Whenever a person employed in the office of the State
Treasurer, required by the State Treasurer to furnish a bond, furnishes a
bond executed by a surety company legally authorized to transact business
in this state, and the bond is approved by the State Treasurer, the state
shall pay the premium for the bond, not to exceed one-third of one
percent per annum of the penalty named in the bond so executed and
approved. One recovery had on the
official bond given by the State Treasurer shall not render the bond
void, but the bond may be prosecuted upon a breach thereof, from time to
time, until the whole penalty is collected. The State Treasurer shall:
(1) Keep the office at the seat of government.
(2) Receive and have charge of all moneys paid into the State
(3) Pay out moneys from the State Treasury as directed by law.
(4) Permit the books, papers and transactions of the office to be
open at all times to inspection and examination by the Governor,
Secretary of State, the legislature and any committee of either branch of
(5) Deliver over to the successor in office all moneys, books,
papers, furniture and other effects belonging to or preserved in the
(6) Perform all other duties imposed upon the State Treasurer by
law.(1) The State Treasurer may employ and appoint one Chief
Deputy and may also employ clerks and stenographers necessary in the
performance of the business and duties of the office and fix their
(2) The Chief Deputy, clerks and stenographers shall be paid out of
the State Treasury, and their compensation may not exceed the
appropriation of the Legislative Assembly for the compensation.
(3) Except as provided in subsection (4) of this section, ORS
chapter 240 does not apply to the office of the State Treasurer.
(4) ORS 240.165, 240.167, 240.240 (3) and 240.321 apply to the
office of the State Treasurer.
(5) The State Treasurer shall adopt rules, policies and procedures
necessary to establish a system of personnel administration based on
merit principles. The system must include provisions for the transfer of
accumulated leave with pay between the office of the State Treasurer and
other state agencies. For employees who do not serve at the pleasure of
the State Treasurer or who are not subject to a collective bargaining
agreement, the system must provide standards for discipline and dismissal
and a process for appeal of decisions related to discipline and dismissal.
(6) The Chief Deputy, clerks and stenographers shall perform such
duties as the State Treasurer may direct and shall take an oath to
support the Oregon Constitution and faithfully to discharge the duties of
their positions. [Amended by 2005 c.751 §2] For
the purpose of requesting a state or nationwide criminal records check
under ORS 181.534, the State Treasurer may require the fingerprints of a
(1) Is employed or applying for employment by the State Treasurer;
(2) Provides services or seeks to provide services to the State
Treasurer as a contractor, vendor or volunteer; or
(3) Has been appointed or is being considered for appointment to a
board or commission by the State Treasurer. [Formerly 181.541]Note: 178.065 was enacted into law by the Legislative Assembly but
was not added to or made a part of ORS chapter 178 or any series therein
by legislative action. See Preface to Oregon Revised Statutes for further
explanation.Whenever the State Treasurer is required in the performance
of official duties to provide evidence of receipt of funds or of receipt
of securities, the receipt shall be in such form as the State Treasurer
specifies as appropriate to show that the funds or securities were
received. The form of receipt specified by the State Treasurer is not
required to be uniform for all funds or securities received. The receipt
specified by the State Treasurer shall be considered as proper evidence
for all purposes for which any printed or other form of receipt was
considered adequate evidence. [1975 c.295 §1](1) The State Treasurer shall implement portfolio-based
management of information technology resources, as described in this
(a) Ensure that the office of the State Treasurer links its
information technology investments with business plans;
(b) Facilitate risk assessment of information technology projects
(c) Ensure that the office justifies information technology
investments on the basis of sound business cases;
(d) Ensure that the office facilitates development and review of
information technology performance related to business operations;
(e) Identify projects that can cross agency and program lines to
leverage resources; and
(f) Assist in state government-wide planning for common, shared
information technology infrastructure.
(2) The State Treasurer shall integrate strategic and business
planning, technology planning and budgeting and project expenditure
processes into the State Treasurer’s information technology
(3) The State Treasurer shall conduct and maintain a continuous
inventory of current and planned investments in information technology, a
compilation of information about those assets and the total life cycle
cost of those assets.
(4) The State Treasurer shall develop and implement standards,
processes and procedures for the required inventory and for the
management of the information technology portfolio.
(5) As used in this section, “information technology” has the
meaning given that term in ORS 184.473. [2001 c.936 §8]