FUNCTION OF THE INDIANA STATE

TREASURER'S OFFICEJim Holden

Function of the Indiana State Treasurer's Office

• A graduate of the Maurer School of Law at Indiana University, James (Jim) Holden now serves as an attorney the State of Indiana. Jim Holden works within the State Treasurer's Office as chief deputy and general counsel.

Function of the Indiana State Treasurer's Office

• As chief investment officer for the State of Indiana, the state treasurer strives to invest state funds in a way that maximizes return while reducing risk. The current State Treasurer is Daniel Huge. The treasurer's office maintains a publicly accessible website that publishes annual reports dating back to 1999. Interested parties may also access daily reports and other matters of public record.

Function of the Indiana State Treasurer's Office

• The treasurer also serves constituents as the sponsor of the state's Employee Stock Ownership Plan (ESOP) Initiative, which encourages the formation of ESOP companies across the state. These companies are motivated to keep their operations local, a trend that prompts the treasurer's office to offer $50 million in investment funds to help banks fund ESOP loans. The treasurer also supports the banking needs of individuals via Bank On Indiana, an initiative that helps those without a bank to open accounts and gain financial literacy.