District of Columbia Official Code 2001 Edition. |
Division V. Local Business Affairs. |
Title 31. Insurance and Securities. |
Subtitle I. Government Agencies. |
Chapter 1. Department of Insurance, Securities, and Banking. |
Subchapter I. Establishment of the Department of Insurance and Securities Regulation. |
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Current through October 23, 2012
(a) The Commissioner shall be appointed by the Mayor, with the advice and consent of the Council, pursuant to § 1-204.22(1).
(1) Notwithstanding the provisions of § 1-611.07(c), the rate of pay for the Commissioner or for any other position in the Department for which the Mayor deems it necessary, may exceed the rate of pay for the Mayor.
(2) The Mayor shall submit a resolution to the Council for a 45-day period of review, excluding Saturdays, Sundays, holidays, and periods of Council recess, indicating the proposed rate of pay for the Commissioner and for each other employee in the Department. A resolution which has not been approved or disapproved, in whole or part, within the prescribed period of 45 days shall be deemed approved by the Council.
(b) The Commissioner shall employ staff as needed, in accordance with annual appropriations.
(May 21, 1997, D.C. Law 11-268, § 5, 44 DCR 1730; June 11, 2004, D.C. Law 15-166, § 3(d), 51 DCR 2817; Apr. 13, 2005, D.C. Law 15-354, § 40(c), 52 DCR 2638.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 35-124.
Effect of Amendments
D.C. Law 15-166, deleted "of Insurance and Securities" following "Commissioner" throughout the section.
D.C. Law 15-354, in the section heading, validated a previously made technical correction.
Emergency Act Amendments
For temporary (90 day) amendment of section, see § 3(d) of Consolidation of Financial Services Emergency Amendment Act of 2004 (D.C. Act 15-381, February 27, 2004, 51 DCR 2653).
Legislative History of Laws
For legislative history of D.C. Law 11-268, see Historical and Statutory Notes following § 31-101.
For Law 15-166, see notes following § 31-101.
For Law 15-354, see notes following § 31-101.
Miscellaneous Notes
Commissioner of the Department of Insurance and Securities Regulation Salary Approval Resolution of 1998: Pursuant to Resolution 12-582, effective July 7, 1998, the Council approved the rate of pay for the Commissioner of the Department of Insurance and Securities Regulation.