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 or in the regulation or examination of banks.
2. The superintendent shall have an office at the seat of government. The regular term of office shall be four years beginning and ending as provided by section 69.19.
[C24, 27, 31, 35, 39, § 9130, 9131; C46, 50, 54, 58, 62, 66, § 524.1, 524.2; C71, 73, 75, 77, 79, 81, § 524.201]
95 Acts, ch 148, §8
Confirmation, see § 2.32
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