Mississippi Administrative Code Title 38 - Treasurer
Mississippi Administrative Code – Title 38: Treasurer
Title 38 of the Mississippi Administrative Code outlines the rules, responsibilities, and administrative procedures of the Office of the State Treasurer of Mississippi. This office manages the state's financial assets, debt, and investment portfolios, ensuring fiscal responsibility and transparency in state government operations.
Key Areas Typically Covered in Title 38:
State Treasury Operations
Management of the General Fund and special funds
Custody and disbursement of state monies
Banking relationships and depository requirements
Unclaimed Property
Procedures for reporting, remitting, and claiming unclaimed property
Timeframes and documentation required from holders
Public notice and outreach requirements
Claims process for individuals and businesses
Debt Management
Issuance and management of state bonds and notes
Oversight of state debt obligations
Debt service payment procedures
College Savings and ABLE Programs
Mississippi Affordable College Savings (MACS) program rules
Mississippi Prepaid Affordable College Tuition (MPACT) program
Achieving a Better Life Experience (ABLE) accounts for individuals with disabilities
Investments
Guidelines for investing state funds and trust accounts
Authorized investment instruments and risk management policies
Reporting and transparency standards
Administrative Procedures
Rulemaking authority of the Treasurer’s office
Public records access
Hearings and appeals related to Treasury functions
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