(Alabama to Missouri, Montana to Wyoming) In the state and territorial governments of the United States, 54 of the 56 states and territories have the executive position of treasurer.
Texas abolished the position of Texas State Treasurer in 1996, transferring the duties of that office to the Texas Comptroller of Public Accounts.
Typically, they receive and deposit state monies, manages investments, and keeps track of budget surpluses and deficits.
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.
In most states, the position is a statewide elected office, usually a constitutional office (that is, provided for in the state constitution).