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Act 254 of 1959 placed responsibility for the "sale of securities" under the jurisdiction of the State Bank Department, and provided for a State Securities Commissioner. The Securities Commissioner was to be appointed by the Governor and subject to the supervision of the State Bank Commissioner, and operated as a division of the State Bank Department. Act 38 of 1971 transferred both the State Bank Department and the State Securities Department to the Department of Commerce. Each division continued to function independently of the Commerce Department with regard to the prescribed statutory powers, authorities, duties, and rulemaking responsibilities they had prior to the transfer. Act 471 of 1973 amended Act 254 of 1959 to provide that the Securities Division was no longer a part of the State Bank Department and the Securities Commissioner was no longer subject to the supervision of the State Bank Commissioner. The Act further provided that the Securities Division be renamed the Arkansas Securities Department and that all Acts previously regulated by the Securities Division be transferred to the new agency effective July 1, 1973. In early 1975, it became apparent that the special revenue fund balances transferred to the Department by the Bank Department pursuant to Act 471 of 1973 would not be sufficient to continue operation of the Department at its current level. Act 863 of 1975 amended all Acts administered by the Department to reclassify all revenues received by the Department as general revenues. Thus, effective July 1, 1975, the Department ceased being a special revenue agency and became a general revenue agency with all expenditures paid from the general revenues of the State. Act 691 of 1983 abolished the Department of Commerce. Section 3 of the Act directed that the State Securities Department shall function as an independent agency. The Securities Commissioner is appointed by the Governor and serves at the pleasure of the Governor. Act 659 of 1993 created on the books of the Chief Fiscal Officer of the State and those of the State Treasurer a fund to be known as the "Securities Department Fund." Such fund is to be used for the maintenance, operation, support and improvement of the State Securities Department. Portions of the filing fees collected under the Securities Act are designated as special revenue and deposited into the Securities Department Fund. Currently, the maximum amount of fees deposited into such fund is limited to $2.5 million in each fiscal year. The remainder of the filing fees are deposited into General Revenues. Act 759 of 2003 created the Investor Education Fund. The Investor Education Program is funded from administrative fines assessed under the Securities Act. Fines received in excess of $150,000 are deposited into General Revenues. Pursuant to the Cemetery Act for Perpetually Maintained Cemeteries, as amended, the Securities Commissioner served as a voting member and Secretary of the Cemetery Board. Effective July 1, 2018, the Cemetery Board was merged into a newly created board with the Board of Funeral Directors and Embalmers and the Burial Board. The new board in under the Insurance Department. Pursuant to the Savings and Loan Association Act, Act 227 of 1963, as amended, the Securities Commissioner acts as the Supervisor of savings and loan associations. In 1997, the Savings and Loan Association Act was amended to do away with the Savings and Loan Association Board and transferred the Savings and Loan Associtions Board`s power and authority to the Securities Commissioner.
The Georgia Republican Party is the only organization that works to elect Republicans across the state, from the top of the ballot to the bottom.
The Town of North Andover is dedicated to serving residents and to creating a community in which residents may join together for the common good. The Town’s purpose is to offer services and government that provide for the general welfare, education and public safety of its residents. The administration of the Town fosters this commitment to community by delivering municipal services in a professional, cost-effective manner through prompt, courteous and equitable service and by insuring that the public’s business is conducted with the highest level of integrity.
Settled in 1733 by James Oglethorpe, Georgia was the 13th colony formed. Since then, Georgia has grown and become one of the top places to do business in the country. Some highlights in Georgia business include: • Hartsfield-Jackson International Airport, home to Delta Air Lines • CNN • Home Depot • Coca-Cola Georgia`s capital, Atlanta, was the home of civil rights activist Martin Luther King, Jr. and hosted the 1996 Summer Olympics. With about 200,000 teachers and state employees spanning all branches of government, a career with the Georgia government provides a lot of options. Georgia operates about 130 state agencies focusing on health, transportation, education, environment, and more.
Office of Personnel Management`s history begins with the Civil Service Act, signed in 1883, ending the spoils system and establishing the Civil Service Commission. The Commission, led by the energetic Teddy Roosevelt, laid the foundations of an impartial, professional civil service based on the merit principle – that employees should be judged only on how well they can do the job. In 1978, the Civil Service Commission was reorganized into three new organizations: the Office of Personnel Management, the Merit Systems Protection Board, and the Federal Labor Relations Authority. Each of these new organizations took over a portion of the Civil Service Commission’s responsibilities, with OPM responsible for personnel management of the civil service of the Government.