Section 383:7-a Delegation of Duties and Responsibilities.
I. The commissioner may delegate to deputies, assistants, examiners, or employees of the banking department the exercise or discharge in the commissioner's name of any power, duty, or function, whether ministerial, discretionary or of whatever character, vested in or imposed upon the commissioner. However, he shall not delegate his rulemaking powers.
II. The official act of any such person acting in the commissioner's name and by his authority shall be deemed an official act of the commissioner.
III. The delegation of duties and responsibilities shall be made by the commissioner in writing, and shall state an effective date.
IV. The delegation of duties and responsibilities made under this section shall expire one year from the effective date of the delegation unless renewed by the commissioner.
V. The commissioner shall provide any board or commission written notice of his or her intent to delegate his or her duties and responsibilities to serve on such board or commission.
Source. 1992, 117:1, eff. May 1, 1992. 2007, 343:2, eff. July 1, 2007.