533.104 Superintendent of credit unions. 1. A superintendent of credit unions shall be appointed by the governor to serve at the pleasure of the governor, subject to confirmation by the senate, to regulate credit unions.The appointee shall be selected solely with regard to qualification and fitness to dischargethe duties of office and the individual appointed shall have at least five years’ experience asa director or executive officer of a credit union, or comparable experience in the regulationor examination of credit unions. For purposes of this subsection, credit union membershipdoes not qualify as credit union experience. 2. The superintendent shall receive a salary set by the governor within a range established by the general assembly. 3. The superintendent may adopt rules as necessary or appropriate to administer this chapter, subject to the prior approval of the rules by the review board. 2007 Acts, ch 174, §4; 2023 Acts, ch 19, §2746Referred to in §533.102, 546.4Confirmation, see §2.32Section amended Sat Dec 23 01:31:01 2023 Iowa Code 2024, Section 533.104 (21, 3)
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