Section 2-103 - Deputy Commissioner. - Maryland Statutes

§ 2-103. Deputy Commissioner.
 

(a)  Appointment.- With the approval of the Secretary of Labor, Licensing, and Regulation, the Commissioner shall appoint a Deputy Commissioner. 

(b)  Responsibility to Commissioner.- The Deputy Commissioner serves at the pleasure of the Commissioner and is an employee of the Commissioner's office. 

(c)  Qualifications.- The Deputy Commissioner shall have at least 5 years of experience in: 

(1) State or national banking regulation or management; or 

(2) The regulation or management of the business of making loans by persons of the type regulated by this article. 

(d)  Compensation.- The Deputy Commissioner is entitled to the salary provided in the State budget. 

(e)  Powers and duties.- In addition to any other powers and duties set forth in this article, the Deputy Commissioner has the powers and duties of the Commissioner: 

(1) To the extent delegated by the Commissioner; 

(2) If the office of the Commissioner is vacant; and 

(3) If for any reason the Commissioner is unable to perform the duties of the office. 
 

[An. Code 1957, art. 11, §§ 2, 5; 1980, ch. 33, § 2; 1995, ch. 120, § 19; 1996, ch. 326, § 2; 1997, ch. 136.]