A warrant can be presented for payment to any financial institution; however, each financial institution may have its own requirements for acceptance. The financial institutions must then present the warrant to the state Treasury for payment. The Treasury Division is essentially the banker for Minnesota state government.
You must contact the state agency with which you are dealing. For example, if you are waiting for a tax refund, you would contact the Department of Revenue. If you are wondering about a general assistance or child support payment, you would contact the Department of Human Services. If you are inquiring about a payment for goods and services, contact the agency for which the goods and services were provided.
Cash left in bank accounts or other places is deposited into the state’s General Fund. All personal property is sold and the sale proceeds are deposited into the General Fund. Real property is either sold and the proceeds are deposited into the General Fund or the property is managed by the applicable state agency and becomes part of the assets of the state.