Home/Alabama/Statutes/Title 8: Commercial Law and Consumer Protection/Ch. 6: Securities/Art. 2: Securities Commission/§ 8-6-55
Alabama Statutes

§ 8-6-55 — Director - Appointment; Duties Generally

Alabama § 8-6-55
JurisdictionAlabama
Title 8Commercial Law and Consumer Protection
Ch. 6Securities
Art. 2Securities Commission

This text of Alabama § 8-6-55 (Director - Appointment; Duties Generally) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 8-6-55 (2026).

Text

(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.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

(Acts 1969, No. 740, p. 1315, §6.)

Nearby Sections

15
§ 8-1-1
Contracts Restraining Business Void; Exceptions
§ 8-1-100
Consideration for Bidding or Not Bidding at Public Sale Prohibited
§ 8-1-101
Bids on Public Lands Under Agreement to Transfer Same Prohibited
§ 8-1-102
Contracts Violating Sections 8-1-100 and 8-1-101 Void
§ 8-1-103
Selling Improvements on Public Lands by Person Making Same
§ 8-1-120
Definitions
§ 8-1-121
Certain Contracts for Future Delivery Void; Exceptions
§ 8-1-122
Failure to Furnish Statement on Future Delivery Prima Facie Evidence of Illegal Contract
§ 8-1-123
Failure to Deliver After Deposit of Margins Prima Facie Evidence of Void Contract
§ 8-1-124
Contracts for Future Delivery of Cotton Not Made Subject to Federal Statutes Prima Facie Evidence of Void Contract
§ 8-1-125
Making or Assisting in Making Contract for Future Delivery When Actual Delivery Not Intended - Profit Intended to Be Paid in Money on Day of Delivery
§ 8-1-126
Making or Assisting in Making Contract for Future Delivery When Actual Delivery Not Intended - Price Based on Bona Fide Sales on Exchange or Board of Trade Without Making Execution on Exchange or Board of Trade
§ 8-1-127
Futures Contracts Made in Another State
§ 8-1-128
Establishing Office to Engage in Business of “Futures”
§ 8-1-129
Proof of Establishment of Place to Publish Commodities Information Prima Facie Evidence of Guilt
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Alabama § 8-6-55, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/8-6-55.