7-1-202 - Commissioner of financial institutions as executive officer -- Appointment -- Term -- Salary -- Qualifications. - Utah Statutes

7-1-202. Commissioner of financial institutions as executive officer -- Appointment-- Term -- Salary -- Qualifications.
The chief executive officer of the Department of Financial Institutions shall be thecommissioner of financial institutions who shall be appointed by the governor with the consent ofthe Senate. He shall hold office for a term of four years following his appointment andconfirmation and until his successor is appointed and qualified, but he shall be subject to removalat the pleasure of the governor. The governor shall establish the commissioner's salary within thesalary range fixed by the Legislature in Title 67, Chapter 22, State Officer Compensation. Thecommissioner of financial institutions shall be a citizen of the United States and shall havesufficient experience with depository institutions or as an employee of a state or federal agencyhaving supervision over financial institutions to demonstrate his qualifications and fitness toperform the duties of his office.

Amended by Chapter 176, 2002 General Session