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HomeFinancial CodeDiv. 1Ch. 3Art. 2§ 322 Commissioner Appointment Authority

§ 322 Commissioner Appointment Authority

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 322 Commissioner Appointment Authority

Key Takeaways

  • •The governor picks someone to be the commissioner.
  • •The governor can remove the commissioner anytime.
  • •The Senate has to agree with the governor's pick.

Example

Imagine the governor picks a new school principal.

The governor can choose who they want, but the school board (Senate) has to say it's okay. If the principal does a bad job, the governor can fire them anytime.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 322 Commissioner Appointment Authority

The commissioner is appointed by the Governor, and holds office at the pleasure of the Governor. The appointment of the commissioner is subject to confirmation by the Senate. (Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)

Last verified: January 23, 2026

Key Terms

governorcommissionthe senateappointmentconfirmation

Related Statutes

  • § 323 Commissioner Qualifications And Residency
  • § 327 Mortgage Lending Risk Guidelines
  • § 14252 Large Credit Union Audit Requirement
  • § 23057 Payday Loan Industry Report
  • § 23063 Good Faith Compliance Protection

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 322.
View Official Source