COMPILED CODE - Iowa Legislature - State of Iowa

363
Tit. XVIII, Ch. 1. INSURANCE DEPARTMENT. §§ 5460-5462.
TITLE XVIII.
INSURANCE.
CHAPTER 1.
INSURANCE DEPARTMENT.
SECTION 5460. Appointment by governor—confirmation by senate—term—bond.
1 There is hereby created and established a department to be known
2 as the insurance department of Iowa. The chief officer of said de-
3 partment shall be styled "commissioner of insurance". On or before
4 the first day of February, nineteen hundred fifteen, the governor shall
5 nominate, and with the consent of two-thirds of the members of the
6 senate in executive session, appoint a person for commissioner, who
7 shall be selected solely with regard to his qualifications and fitness to
8 discharge the duties of this position. No nomination shall be con-
9 sidered by the senate until the same shall have been referred to a com-
10 mittee of five, not more than three of whom shall belong to the same
11 political party, to be appointed by the president of the senate without
12 formality of a motion, which committee shall report to the senate in
13 executive session, which report shall be made at any time when called
14 for by the senate. The consideration of nominations by the senate
15 shall not be had on the same legislative day that the nominations are
16 so referred. Subsequent appointments shall be made as above pro-
17 vided and, except to fill vacancies, shall be for a period of four years.
18 He shall be subject to removal only under and according to the pro-
19 visions of chapter twenty-one, title four. The governor shall fill as in
20 the first instance any vacancy which may arise in this office. Before
21 entering upon the discharge of the duties of his office, the commis-
22 sioner of insurance shall give a bond in the penal sum of twenty-
23 five thousand dollars, conditioned as provided for in section six hun-
24 dred twelve of the compiled code, the same to be approved by the
25 executive council and filed in the office of the secretary of state.
[S., '13, § 1683-r; 39 G. A., ch. 209, § 15.]
SEC. 5462. Deputy—bond—assistants.
1 The commissioner of insurance is hereby directed to appoint a
2 deputy commissioner to assist him in his work, who shall serve dur-
3 ing the pleasure of the commissioner of insurance. Before entering
. 4 upon the duties of his office, the deputy commissioner shall give a bond
5 in the penal sum of ten thousand dollars conditioned as provided in
6 section six hundred twelve of the compiled code, the same to be ap-
7 proved by the executive council and filed with the secretary of state.
8 The commissioner of insurance is also empowered and directed to
9 appoint such other clerks and assistants as shall be needed in the