2012 Arizona Revised Statutes
Title 6 Banks and Financial Institutions
6-111 Superintendent; appointment; qualifications; salary


AZ Rev Stat § 6-111 (through 2nd Reg Sess. 50th Leg. 2012) What's This?

6-111. Superintendent; appointment; qualifications; salary

A. The chief officer of the department shall be the superintendent who shall be appointed by the governor pursuant to section 38-211.

B. The superintendent serves at the pleasure of the governor.

C. Any person appointed as superintendent shall have had, within fifteen years preceding his first appointment, at least five years active experience in the financial institution business as an executive officer or shall have served a like period of time in a financial institution examining or supervisory capacity for this state or for any other state or for an agency or instrumentality of the United States.

D. The salary of the superintendent shall be determined pursuant to section 38-611.

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