- § 7-1-30 - Department Created
There is created the Department of Banking and Finance.
- § 7-1-31 - Position and Term of Commissioner
(a) The head of the department shall be the commissioner who shall exercise supervision and control over all divisions and employees of the department.(b)...
- § 7-1-32 - Qualifications of Commissioner
The commissioner shall be of good moral character, shall not have been convicted in any court of competent jurisdiction of any crime involving moral...
- § 7-1-33 - Removal or Suspension of Commissioner
The commissioner may be suspended or removed by the Governor whenever the Governor has in his judgment trustworthy information that the commissioner is insane...
- § 7-1-34 - Vacancy in Office of Commissioner
In the event there shall be a vacancy in the office caused by death, resignation, disability, disqualification, suspension, or removal of the commissioner, the...
- § 7-1-35 - Deputy Commissioners, Examiners, and Assistants
(a) The commissioner shall appoint from time to time, with the right to discharge at will, a senior deputy commissioner of banking and finance....
- § 7-1-36 - Oath and Bond of Commissioner, Deputy Commissioner, and Examiners
(a) Before entering upon the duties of their offices, the commissioner, each deputy commissioner, and each examiner shall take an oath before the Governor...
- § 7-1-37 - Restrictions on Commissioner, Deputy Commissioners, and Examiners
(a) Except as provided in subsections (c), (d), and (e) of this Code section, the commissioner, any deputy commissioner, any department employee with financial...
- § 7-1-38 - Commissioner's Office Expenses
The commissioner shall be provided with suitable offices and equipment, the expense of which shall be paid by the state in the same manner...
- § 7-1-39 - Seal of Department; Evidentiary Effect
The department shall adopt an official seal. Any paper executed under the seal of the department shall prima facie be deemed to have been...
- § 7-1-40 - Delegation of Authority by Commissioner
(a) Any authority, power, or duty vested in the commissioner or department by a provision of this chapter may be exercised, discharged, or performed...
- § 7-1-41 - Prescribing Fees; Payment Procedure
(a) The department may, by regulation, prescribe annual examination fees, license fees, registration fees, and supervision fees to be paid by the institutions and...
- § 7-1-42 - Enforcement of Payment of Fees
In the event any financial institution shall fail or refuse to pay on demand the amount fixed as fees for examinations, the department may...
- § 7-1-43 - Disposition of Fees Collected; Payment of Expenses From Appropriations
Fees prescribed by this chapter shall be collected by the department and deposited with the Office of the State Treasurer. The department may, at...
Last modified: October 14, 2016