1997 Minnesota Statutes

     11A.10 Duties of other officials. 

    Subdivision 1.    Custody of securities.  The state 
 treasurer and other custodians of securities belonging to the 
 various funds shall provide in the appropriate cases the state 
 board and its delegates with reasonable access thereto.  Each 
 security shall be held as an asset of the fund from which the 
 investment expenditure was made.  

    Subd. 2.    Escheated property.  The commissioner of 
 finance shall report immediately to the state board all personal 
 property other than money received by the state of Minnesota as 
 escheated property.  If the state board elects to sell escheated 
 property, all money received from the sale shall be credited to 
 the general fund of the state.  

    Subd. 3.    Audits.  State audits of the activities of 
 the state board and its delegates shall be conducted by the 
 legislative auditor.  

    Subd. 4.    Office space.  The commissioner of 
 administration shall provide the director and staff with 
 suitable office and storage space in the state capitol complex 
 as near as practicable to the office of the state treasurer.  

    HIST: 1980 c 607 art 14 s 8