(1) There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person subject to this title, and relating to the businesses that the financial institution or other person conducts.
(2) The department organization includes: (a) the commissioner of financial institutions, who shall be the chief executive officer of the department; (b) the Board of Financial Institutions; (c) the chief examiner; (d) the deputy commissioner; (e) the supervisor of banks; (f) the supervisor of industrial banks; (g) the supervisor of credit unions; (h) the supervisor of money services businesses; (i) the supervisor of holding companies; and (j) other supervisors, examiners, and personnel as may be required to carry out the duties, powers, and responsibilities of the department.
(a) the commissioner of financial institutions, who shall be the chief executive officer of the department;
(b) the Board of Financial Institutions;
(c) the chief examiner;
(d) the deputy commissioner;
(e) the supervisor of banks;
(f) the supervisor of industrial banks;
(g) the supervisor of credit unions;
(h) the supervisor of money services businesses;
(i) the supervisor of holding companies; and
(j) other supervisors, examiners, and personnel as may be required to carry out the duties, powers, and responsibilities of the department.
(3) A power or duty of the commissioner under this title may be exercised by the deputy commissioner or a supervisor described in Subsection (2) if the commissioner delegates in writing the authority to exercise the power or duty to the deputy commissioner or supervisor.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.