State Treasurer of Utah | |
---|---|
since June 29, 2021 | |
Style | The Honorable |
Term length | Four years |
Inaugural holder | James Chipman 1896 |
Formation | Utah Constitution |
Website | State Treasurer's Office |
The Utah state treasurer acts as the head banker for the state of Utah, handling deposits, withdrawals, redemptions of state warrants, and investments of state funds.[1] The position was created in 1896 when Utah became a state. The Constitution of Utah established the Office of the State Treasurer to be elected by popular vote.[2]
The current state treasurer is Marlo Oaks who was appointed by Governor Spencer Cox after Treasurer David Damschen resigned on April 30, 2021 to lead the Utah Housing Corporation.