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2019 Code of Alabama
Title 8 - Commercial Law and Consumer Protection.
Chapter 6 - Securities.
Article 2 - Securities Commission.
Section 8-6-55 - Director - Appointment; duties generally.
Universal Citation: AL Code § 8-6-55 (2019)
Section 8-6-55Director - Appointment; duties generally.
(a) The Securities Commission shall appoint a full-time director who shall be a career employee subject to the provisions of the Alabama Merit System Law and whose employment may be terminated only for cause.
(b) The director shall administer the provisions of Article 1 of this chapter under the supervision of the commission and in accordance with its policies.
(Acts 1969, No. 740, p. 1315, §6.)
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