The Birmingham age-herald., 1915-10-23
AN ACT

No. 730) (H. 3S9. Carmichae, TO create department of insurance
 for the state of Alabama; defining
 the duties and powers of such de-
 partment; providing for the necessary
 officers for such department, defining
 their duties and powers, and vesting
 such officers with all the authority
 now exercised by any other officers
 pertaining to the insurance business
 in this state, thereby relieving such
 other officers of all duties and re-
 responsibilities relating or pertaining to
 the insurance business in the state of
 Alabama
 Be it enacted by the legislature of Ala
 bama:
 Section 1. There is hereby created a department of insurance for the state of Alabama separate and distinct from the office of the secretary of state and from any other department or office of the state of Alabama, and the department of Insurance be, and is, hereby charged with the administration of all laws, now in force, or which may hereafter be enacted relating to insurance companies doing business in the state of Alabama
 Sec. 2. The chief officer of the de- partment of insurance shall be known as the commissioner of insurance and shall be appointed by the governor: the term of office of the commissioner of insurance shall be as follows: Within 20 days after the passage and approval of this act the governor shall appoint a person of practical experience in the business of insurance as such commits sioner of insurance; said commissioner of insurance shall hold office until the first day of July, 1919, and until his successor is appointed and qualified as hereinafter provided. On the first day of July, 1919. and every four years thereafter, the governor shall appoint a person of practical experience in the business of insurance as commissioner of insurance who shall hold office for a term of four years from the first day of July of the year of his appointment and until his successor is appointed and qualified. In case of a vacancy in the office of the commissioner of insurance by death or otherwise, the governor shall. as soon thereafter, as consistent with proper information, appoint some person of practical experience in the business of insurance to fill the unex- pired term. Before entering upon the discharge of his duties. the commis- sioner of insurance shall subscribe to the constitutional oath of office, which shall be filed with the secretary of state, he shall give bond in some guar anty or surety company. qualified to do business in the state of Alabama in the sum of $25,0O0; said bond to be approved by the governor and when ap- proved to be filed in the office of sec retary of state; the premium for said bond shall be paid out of the funds of the state upon a warrant drawn by the state auditor upon the state treasurer. The commissioner of insurance shall re- ceive an annual salary of 5000 to be paid monthly as the salaries of other state officials are paid. 4I
 Sec. ,. The commissioner of insurance may appoint a deputy commissioner to assist him in the discharge of his duties, he shall receive an annual salary of $2oO0 to be paid as the salaries of other state the plea sure of the commissioner of in- The deputy commissioner shall give bond to the state of Alabama in a guaranty company as surety in the sum of sl0Oo0 for the faithful performance of his duties; the bond to be approved by the governor and filed with the sec retary of state; and the premium or pay ment. for the said bond shall be paid out of the funds of the state by the state auditor upon warrant drawn on the state treasurer. The commissioner of insur- ance may appoint clerical assistant. in the department of insurance, and the of said clerical assistant. shall be s1CO0 per annum. to be paid as the salaries of other state officers are paid. That a continual annual appropria- tion is hereby made to cover the salaries