Ala. Admin. Code r. 155-2-1-.01 - Organization
(1) The Alabama
State Banking Department is a statutorily-created department of the State of
Alabama.
(2) The Department is
under the direction, supervision, and control of the Superintendent of Banks,
who is appointed by the Governor.
(3) The Department has a statutorily-created
Division, the Bureau of Loans.
(4)
The Bureau of Loans is under the supervision of the Supervisor of the Bureau of
Loans, who is appointed by the Superintendent of Banks, with the approval of
the Governor and subject to the provisions of the merit system.
Notes
Author: Scott Corscadden, General Counsel
Statutory Authority: Code of Alabama 1975, § 5-2A-1, § 5-2A-3, § 5-2A-80, § 5-19-1, § 5-19-21
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