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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 1. (a) The governor shall appoint a qualified individual to be the director of the department. The appointment must be without regard to political beliefs or affiliations.
(b) The director shall take an oath of office before assuming office.
(c) The term of the director is four (4) years. However, the director serves at the pleasure of the governor during the term.
(d) The governor may reappoint the director.
(e) The governor shall fix the director's salary.
(f) The director:
(1) is the chief executive and administrative officer of the department; and
(2) has general supervision of the work of the department and each of the divisions and employees of the department;
subject to the orders and under the direction of the members.
(g) The director is entitled to receive actual and necessary travel and other expenses incurred in the performance of the director's duties.
Cite this article: FindLaw.com - Indiana Code Title 28. Financial Institutions § 28-11-2-1 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-28-financial-institutions/in-code-sect-28-11-2-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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