1. The governor shall appoint, subject to confirmation by the senate, a superintendent of banking. The appointee shall be selected solely with regard to qualification and fitness to discharge the duties of office, and a person shall not be appointed who has not had at least five years’ experience as an executive officer in a bank. The superintendent shall serve at the pleasure of the governor.
2. The superintendent shall receive a salary set by the governor within a range established by section 8A.461.
95 Acts, ch 148, §8; 2004 Acts, ch 1141, §2; 2023 Acts, ch 19, §2739; 2024 Acts, ch 1182, §165, 168
Confirmation, see §2.32