The state treasurer of Minnesota was a constitutional officer in the

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of the

U.S. state In the United States, a state is a constituent political entity, of which there are 50. Bound together in a political union, each state holds governmental jurisdiction over a separate and defined geographic territory where it shares its so ...

Minnesota Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the so ...

. Twenty-six individuals occupied the office of state treasurer from 1858 until the office's abolition in 2003. The final state treasurer was Carol C. Johnson, a DFLer.

Election and term of office

The state treasurer was elected by the people on

Election Day Election day or polling day is the day on which general elections are held. In many countries, general elections are always held on a Saturday or Sunday, to enable as many voters as possible to participate; while in other countries elections ...

in November, and took office on the first Monday of the next January. There was no

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to the number of terms a state treasurer may hold. To be elected state treasurer, a person must have been a qualified voter, permanently resident in the state of Minnesota at least 30 days prior to the election, and at least 21 years of age. In the event of a vacancy in the office of the state treasurer, the

governor A governor is an politician, administrative leader and head of a polity or Region#Political regions, political region, in some cases, such as governor-general, governors-general, as the head of a state's official representative. Depending on the ...

was empowered to appoint a successor to serve the balance of the term. The state treasurer could also be recalled by the voters or removed from office through an

impeachment trial An impeachment trial is a trial that functions as a component of an impeachment. Several governments utilize impeachment trials as a part of their processes for impeachment. Differences exist between governments as to what stage trials take place ...

. Beginning with the 1962 election, the term of the office increased from two to four years.

Powers and duties

Throughout the office's existence, the state treasurer served as the banker of state government. This function entailed managing and accounting for the state's cash flows, coordinating banking services for state agencies, collecting receipts, issuing payments, reconciling state bank accounts, and servicing the state debt. Prior to 1983, the state treasurer also administered

unclaimed property In property law, lost, mislaid, and abandoned property are categories of the common law of property which deals with personal property or chattel which has left the possession of its rightful owner without having directly entered the possessio ...

History

A 1998 constitutional amendment abolished the position of state treasurer, effective January 6, 2003. The functions of the office were transferred to the commissioner of finance, who is appointed by the governor and confirmed by the Minnesota Senate. The position of commissioner of finance became commissioner of Minnesota Management and Budget in 2009.

List of territorial and state treasurers

Territorial treasurers

State treasurers

Notes on Minnesota political party names

Minnesota Democratic-Farmer-Labor Party Minnesota ( ) is a state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the south, and No ...

: On April 15, 1944 the state Democratic Party and the

Minnesota Farmer-Labor Party Minnesota ( ) is a state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the south, and Nor ...

merged and created the

(DFL). It is affiliated with the national Democratic Party. *

Republican Party of Minnesota The Republican Party of Minnesota is the state affiliate of the Republican Party (United States), Republican Party in Minnesota and the oldest active political party in the state. Founded in 1855, the party is headquartered in Edina, Minnesota, E ...

: From November 15, 1975 to September 23, 1995 the name of the state Republican party was the Independent-Republican party (I-R). The party has always been affiliated with the national Republican Party.

References

External links

Past Minnesota State Treasurers
{{DEFAULTSORT:Minnesota State Treasurer