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ARKANSAS STATUTES AND CODES

§ 23-42-202 - Delegation of authority by Securities Commissioner.

23-42-202. Delegation of authority by Securities Commissioner.

(a) The Securities Commissioner may delegate to any person under any conditions which he deems appropriate any responsibilities of the commissioner as set forth in this chapter, the Savings and Loan Act, 23-37-101 et seq., the Credit Union Act, 23-35-101 et seq., or any other act for which the commissioner is responsible.

(b) The commissioner, subject to any restrictions which he in his discretion deems appropriate, may delegate to any person the exercise or discharge in the commissioner's name of any power, duty, or function, whether ministerial, discretionary, or of whatever character, vested by this chapter in the commissioner.

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