§265.  Officers and employees; administration of Chapter

A.  The members of the Authority shall annually elect a chairman, a vice chairman, and such officers as they may deem advisable.  All officers shall be members of the Authority.

B.  The Authority, subject to the approval of the commissioner, may appoint a director and an assistant director and a director of the agriculture loan program and an assistant director of the agriculture loan program who shall be in the unclassified service of the state.

C.  The commissioner shall administer and enforce this Chapter in accordance with rules and regulations promulgated by the Authority.  The commissioner may employ such personnel as may be necessary to administer and enforce the provisions of this Chapter.  All employees shall be under the supervision of the commissioner.

D.  The Authority may employ legal, financial and technical experts and consultants as it deems necessary on a contractual basis.

Added by Acts 1983, No. 96, §1, eff. July 23, 1983; Acts 2009, No. 510, §1, eff. July 10, 2009.