Statute 40-109: Qualifications; personal attention to duties; interest in
insurance company.
The commissioner of insurance shall be an elector of this state, and
shall be a person well versed and experienced in the business of insurance
and matters relating thereto; and he shall give his personal presence and
attention to the duties of his office; but in no case shall such
commissioner of insurance be in the employment of any insurance company or
have any official connection with any insurance company, or any financial
interest in any insurance company other than as a policyholder.
History: L. 1927, ch. 231, 40-109; June 1.