Section 113-1-04 - Payments out of the state treasury(A) All payments out of the state treasury shall be by order of the director of budget and management by warrant or electronic transfer of funds.(B) The treasurer shall manage the timing of payments out of the state treasury so as to provide for orderly and measured payments out of the state treasury.(C) Warrants drawn on the state treasury will be honored at the depositing financial institution of the state treasury. The negotiation of warrants is subject to the rules and conditions set out by the financial institution of the state treasury and subject to limitations of cash on hand.Ohio Admin. Code 113-1-04
Effective: 5/14/2022
Five Year Review (FYR) Dates: 2/15/2022 and 05/14/2027
Promulgated Under: 119.03
Statutory Authority: 113.11
Rule Amplifies: 113.11
Prior Effective Dates: 02/21/1986 (Emer.), 05/03/1986, 09/28/2000, 06/28/2007, 09/20/2012