Ohio Administrative Code
Title 3354:2 - Lakeland Community College
Chapter 3354:2-31 - Investment and Spending Policies
Section 3354:2-31-01 - Treasury management

Universal Citation: OH Admin Code 3354:2-31-01

Current through all regulations passed and filed through September 16, 2024

The treasurer, as fiscal officer, shall receive and, at the discretion of the Board of trustees, disburse all funds of the district. Appropriate controls shall be put in place to protect and preserve all college funds. Responsibilities include but are not limited to:

(A) College of all college funds

(1) Receipt of all college funds

(2) Billing and collection of all funds due the college. External billing agencies, collection agencies, or legal counsel may be appointed from time to time to represent the college in such matters.

(B) Maintenance, deposit, and investment of college funds in compliance with the Ohio Uniform Depository Act including:

(1) All funds of the college held on behalf of the college by an outside agency or organization.

(2) All funds held by the college on behalf of an outside agency or organization.

(C) Disbursement of all collections

Disbursement of college funds in compliance with applicable laws, rules and regulations.

(D) Administration of long-term debt obligations of the college.

Replaces: 3354:2-31-01

Disclaimer: These regulations may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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