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Vermont Statutes Annotated — Title 32 (Taxation and Finance)

32 V.S.A. § 431

Depositories of State funds

Official textlegislature.vermont.gov

# (a)

The Treasurer and the Governor shall select the banks in which the funds of the State Treasury shall be deposited. Each agency or department of the State shall be required to obtain the approval of the Treasurer to establish and maintain a bank account of a selected bank as well as develop procedures, approved by the Treasurer, to reconcile a bank account.

# (b)

The Treasurer is hereby authorized to enter into a pledgee agreement with the Federal Reserve Bank for the purposes of collateralization of account balances through the use of a joint-custody account. The Treasurer is authorized to execute the Federal Reserve Bank’s standard form pledgee agreement, including the limitations of liability, limitations of duties, and indemnification contained in the pledgee agreement. (Amended 1977, No. 162 (Adj. Sess.), § 2; 1989, No. 73, § 272; 1997, No. 147 (Adj. Sess.), § 261a; 2003, No. 66, § 38b; 2007, No. 121 (Adj. Sess.), § 25.)

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In this chapter (40 sections)
  1. 7-401 · Accounts
  2. 7-402 · Receipts
  3. 7-403 · Repealed. 1959, No. 328 (Adj. Sess.), § 35(g)
  4. 7-404 · Returned payments; penalty
  5. 7-431 · Depositories of State funds
  6. 7-432 · Management of invested State money
  7. 7-433 · Investments of State money
  8. 7-434 · Investment of certain funds
  9. 7-435 · General Fund
  10. 7-435a · Tobacco Litigation Settlement Fund
  11. 7-436 · Interfund borrowing
  12. 7-461 · Disbursements on Commissioner’s warrants
  13. 7-462 · Appropriation required
  14. 7-463 · Itemized bills with vouchers required
  15. 7-464 · Itemized statements and receipts required
  16. 7-465 · Only lawful claims allowed; warrants
  17. 7-466 · Requisitions
  18. 7-467 · Accounts with Superior Court clerks
  19. 7-468 · Repealed. 1959, No. 328 (Adj. Sess.), § 35(h)
  20. 7-469 · Requisition for court expenses
  21. 7-470 · Repealed. 2005, No. 93 (Adj. Sess.), § 85, eff. March 3, 2006
  22. 7-471 · Repealed. 1959, No. 328 (Adj. Sess.), § 35(h)
  23. 7-472 · 7-472
  24. 7-474 · Repealed. 1991, No. 257 (Adj. Sess.), § 9
  25. 7-475 · Disasters on State properties
  26. 7-476 · Rebate of income earned from investment or reinvestment of bond…
  27. 7-501 · Repealed. 1997, No. 147 (Adj. Sess.), § 261b
  28. 7-502 · Monies to be paid over without deduction
  29. 7-503 · Payment of monies into Treasury
  30. 7-504 · Fines paid to Superior Court clerk
  31. 7-505 · Repealed. 2009, No. 33, § 83(m)(3)
  32. 7-506 · Failure of Superior Court clerk to pay over
  33. 7-507 · Repealed. 2003, No. 122 (Adj. Sess.), § 294a
  34. 7-508 · Receipts given by State officers
  35. 7-509 · Overpayment; refund
  36. 7-509a · Judiciary overpayment; refund
  37. 7-510 · Appropriation; federal funds; Public Service Department receipts
  38. 7-511 · Excess receipts
  39. 7-521 · 7-521
  40. 7-526 · 7-526
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