Ohio Administrative Code
Title 113 - Treasurer of State
Chapter 113-10 - Investment Pool
Section 113-10-02 - Separately managed accounts
Current through all regulations passed and filed through September 16, 2024
(A) "STAR SMA" means the state treasury asset reserve of Ohio separately managed accounts.
(B) It is the responsibility of a political subdivision to ensure that the subdivision's participation in STAR SMA is authorized by local law or that its participation has been authorized by the appropriate local public officials. From time to time, the treasurer may verify a participant's continuing eligibility.
(C) Deposits into STAR SMA will be accepted by ACH, wire transfer, or other method as authorized by the treasurer.
(D) STAR SMA shall make available periodic statements to each participant in STAR SMA summarizing the account activity and performance of that participant's account.
(E) Any entity that maintains a custodial account with the treasurer of state and is otherwise eligible may participate in STAR SMA.
(F) Notwithstanding the specific provisions of this rule, the treasurer may take whatever action the treasurer of state deems appropriate or necessary to protect the participants in and the integrity of STAR SMA. The treasurer may appoint such administrators, custodians, investment managers, transfer agents, dividend agents, rating agency, or any other entities that the treasurer deems necessary for the efficient administration of STAR SMA.
(G) The treasurer of state may collect fees for the administrative expenses of STAR SMA. The fees paid shall be used solely to pay budgeted and appropriated state expenses of the treasurer of state's office.
