(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.
Structure Code of Alabama
Title 8 - Commercial Law and Consumer Protection.
Article 2 - Securities Commission.
Section 8-6-50 - Created; Duties Generally.
Section 8-6-54 - Compensation of Members.
Section 8-6-55 - Director - Appointment; Duties Generally.
Section 8-6-56 - Director - Qualifications; Interest in Banks, etc., Prohibited; Salary.
Section 8-6-57 - Deputy Director.