(1) The director may delegate to his deputy, assistant, counsel, actuary, examiner or employee, the exercise or discharge in the director’s name of any power, duty, or function, whether ministerial, discretionary or of whatever character, vested in or imposed upon the director under this code.
(2)  The official act of any such person so acting in the director’s name and by his authority shall be deemed to be an official act of the director.