7-1-201. Creation of department -- Organization.
(1) There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person subject to this title, and relating to the businesses that the financial institution or other person conducts.
(2) The department organization includes: the commissioner of financial institutions, who shall be the chief executive officer of the department; the Board of Financial Institutions; the chief examiner; the deputy commissioner; the supervisor of banks; the supervisor of industrial banks; the supervisor of credit unions; the supervisor of money services businesses; the supervisor of holding companies; and other supervisors, examiners, and personnel as may be required to carry out the duties, powers, and responsibilities of the department.
(3) A power or duty of the commissioner under this title may be exercised by the deputy commissioner or a supervisor described in Subsectionif the commissioner delegates in writing the authority to exercise the power or duty to the deputy commissioner or supervisor. (2)