Alabama Statutes
§ 8-6-55 — Director - Appointment; Duties Generally
Alabama·Title 8 Commercial Law and Consumer Protection·Ch. 6 Securities·Art. 2 Securities Commission
(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.
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Legislative History
(Acts 1969, No. 740, p. 1315, §6.)
Nearby Sections
15
§ 8-1-120
Definitions