§ 11-201. Administration by Division
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 11-201
§ 11-201. Administration by Division
(a) There is a Division of Securities in the Office of the Attorney General. The Division shall administer this title.
(b)(1) The principal executive officer of the Division of Securities shall be the Securities Commissioner to be appointed by the Attorney General, who also shall have the power to employ those officers and employees necessary to carry out the purposes of this title.
(c) The Attorney General also shall appoint an assistant securities commissioner who, after appointment, shall hold that position subject generally to the provisions of Division I of the State Personnel and Pensions Article. If a vacancy occurs in the position of assistant securities commissioner, the vacancy shall be filled by a person appointed by the Attorney General subject to the provisions of Division I of the State Personnel and Pensions Article. Each person appointed shall hold his position subject generally to those provisions.
Credits
Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1977, c. 784, § 3; Acts 1984, c. 285, § 3; Acts 1993, c. 22, § 1; Acts 1995, c. 3, § 1, eff. March 7, 1995.
Formerly Art. 32A, § 30.
MD Code, Corporations and Associations, § 11-201, MD CORP & ASSNS § 11-201
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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