# Utah Code § 7-1-202: Commissioner of financial institutions as executive officer -- Appointment -- Term -- Salary -- Qualifications

> Utah · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_202

## Section

- **Citation:** Utah Code § 7-1-202
- **Heading:** Commissioner of financial institutions as executive officer -- Appointment -- Term -- Salary -- Qualifications
- **Jurisdiction:** Utah
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Utah Code / Title 7 / Chapter 7-1 / § 7-1-202

## Text

The chief executive officer of the Department of Financial Institutions shall be the commissioner of financial institutions who shall be appointed by the governor with the advice and consent of the Senate. The commissioner shall hold office for a term of four years following appointment and confirmation and until a successor is appointed and qualified, but shall be subject to removal at the pleasure of the governor. The governor shall establish the commissioner's salary within the salary range fixed by the Legislature in Title 67, Chapter 22, State Officer Compensation. The commissioner of financial institutions shall be a citizen of the United States and shall have sufficient experience with depository institutions or as an employee of a state or federal agency having supervision over financial institutions to demonstrate the commissioner's qualifications and fitness to perform the duties of the commissioner's office.

## Nearby sections

- [Utah Code § 7-1-101 § 7-1-101. Title.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_101.md)
- [Utah Code § 7-1-102 § 7-1-102. Legislative findings, purpose, and intent.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_102.md)
- [Utah Code § 7-1-103 § 7-1-103. Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_103.md)
- [Utah Code § 7-1-103.5 § 7-1-103.5. Control.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_103.5.md)
- [Utah Code § 7-1-104 § 7-1-104. Exemptions from application of title.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_104.md)
- [Utah Code § 7-1-105 § 7-1-105. Procedures -- Adjudicative proceedings.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_105.md)
- [Utah Code § 7-1-106 § 7-1-106. Venue for action or petition brought by commissioner.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_106.md)
- [Utah Code § 7-1-201 § 7-1-201. Creation of department -- Organization.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_201.md)
- [Utah Code § 7-1-202 § 7-1-202. Commissioner of financial institutions as executive officer -- Appointment -- Term -- Salary -- Qualifications.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_202.md)
- [Utah Code § 7-1-203 § 7-1-203. Board of Financial Institutions.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_203.md)
- [Utah Code § 7-1-204 § 7-1-204. Chief examiner -- Powers and duties.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_204.md)
- [Utah Code § 7-1-205 § 7-1-205. Supervisor of banks -- Responsibilities.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_205.md)
- [Utah Code § 7-1-207 § 7-1-207. Supervisor of industrial banks -- Responsibilities.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_207.md)
- [Utah Code § 7-1-208 § 7-1-208. Supervisor of credit unions -- Responsibilities.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_208.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_202. Check the current official text before relying on it. Not legal advice.