7-1-204 - Chief examiner -- Powers and duties.
7-1-204. Chief examiner -- Powers and duties.
(1) The commissioner shall designate an examiner as chief examiner, who shall be sufficiently qualified by training and experience in financial institutions or as an employee of astate or federal agency having supervision of financial institutions to perform the duties of theoffice.
(2) The chief examiner shall serve at the pleasure of the commissioner. If the office ofcommissioner is vacant, or in the absence, recusal, or disability of the commissioner, the chiefexaminer shall exercise all of the powers of the commissioner, except those powers thecommissioner otherwise delegates or reserves during a period of absence or recusal. The chiefexaminer shall assist, advise, and perform administrative duties as directed by the commissionerand may also act as a supervisor.
Amended by Chapter 200, 1994 General Session