Section 320 Of Article 2. Commissioner Of Business Oversight From California Financial Code >> Division 1. >> Chapter 3. >> Article 2.
320
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(a) The chief officer of the Department of Business
Oversight is the Commissioner of Business Oversight. The Commissioner
of Business Oversight is the head of the department with the
authority and responsibility over all officers, employees, and
activities in the department and, except as otherwise provided in
this code and the Corporations Code, is subject to the provisions of
the Government Code relating to department heads.
(b) The Commissioner of Business Oversight shall employ legal
counsel to act as the attorney for the commissioner in actions or
proceedings brought by or against the commissioner under or pursuant
to any law under the jurisdiction of the Division of Corporations, or
in which the commissioner joins or intervenes as to a matter within
the jurisdiction of the Division of Corporations, as a friend of the
court or otherwise.
(c) The Commissioner of Business Oversight shall employ
stenographic reporters to take and transcribe the testimony in any
formal hearing or investigation before the commissioner or before a
person authorized by the commissioner.
(d) Sections 11040, 11042, and 11043 of the Government Code do not
apply to the Division of Corporations.