370.006. Division of credit unions created--transfer--salary of director. - Missouri Statutes

Division of credit unions created--transfer--salary of director.

370.006. There is hereby created a "Division of Credit Unions", to beheaded by a director appointed by the governor with the advice and consentof the senate. The division of credit unions with all of its powers,duties, and functions is assigned by type III transfer under the authorityof the Omnibus State Reorganization Act of 1974 and executive order 06-04to the department of insurance, financial institutions and professionalregistration. All of the general provisions, definitions, and powersenumerated in section 1 of the Omnibus State Reorganization Act of 1974 andexecutive order 06-04 shall apply to this department and its divisions,agencies, and personnel. The salary of the director of the division ofcredit unions shall be set by the director of the department within thelimits of the appropriations therefor. Wherever the laws, rules, orregulations of this state make reference to the "division of credit unionsof the department of economic development" or to the "division of creditunions", such references shall be deemed to refer to the division of creditunions of the department of insurance, financial institutions andprofessional registration.

(L. 2008 S.B. 788)