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The municipal treasurer is a position of responsibility for a municipality according to the locally prevailing laws. The treasurer of a public agency is elected [1] by the voting public or is appointed by the municipal council or municipal manager. City treasurers are primarily responsible for managing the revenue and cash flow of the agency ...
8. To resist encroachments upon areas of responsibility, as the Treasurer must be free to carry out official duties without interference. 9. To seek no personal advantage or gain as a result of the position occupied, or due to the commission of a questionable act.
The treasury of a country is the department responsible for the country's economy, finance and revenue.The treasurer is generally the head of the treasury, although, in some countries (such as the United Kingdom or the United States) the treasury reports to a Secretary of the Treasury or Chancellor of the Exchequer.
Directors and officers of non-profits owe a fiduciary duty to the non-profit and its beneficiaries similar to the duties owed by directors and officers of for-profit corporations. [6] Non-profits can have vicarious liability for injuries caused by their employees or volunteers to third parties, such as by traffic accidents. For this reason it ...
For non-banking entities, the terms Treasury Management and Cash Management are sometimes used interchangeably, while, in fact, the scope of treasury management is larger, and encompasses funding and investment activities, as mentioned above.
The position has powers and responsibilities similar to those of the United States Secretary of the Treasury and the Treasurer of the United States, or the chief financial officer of a corporation. Current state treasurers or equivalents
By law, the treasurer is the depositary officer of the United States with regard to deposits of gold, special drawing rights, [1] and financial gifts to the Library of Congress. [2] The treasurer also directly oversees the Bureau of Engraving and Printing (BEP) and the United States Mint, which respectively print and mint U.S. currency and coinage.
The Maine State Treasurer is a constitutional officer of the U.S. state of Maine. The office is authorized by Article V, Part Third of the Maine Constitution. The Treasurer is chosen by the Maine Legislature in joint session for a two-year term; the officeholder can serve no more than four consecutive terms. Responsibilities of the Treasurer's ...