Chapter 124: REAL ESTATE APPRAISAL LICENSING AND CERTIFICATION HEADING: PL 1999, C. 185, §5 (NEW)
Subchapter 2: BOARD HEADING: PL 1999, C. 185, §5 (NEW)
§14011. Board of Real Estate Appraisers; establishment
1.Establishment.
The Board of Real Estate Appraisers is established within the department pursuant to Title 5, section 12004-A, subsection
9-B and shall carry out the purposes of this Act.
[
1999, c. 185, §5 (NEW)
.]
2.Members.
The board consists of 7 members appointed by the Governor. Each member must be a resident of this State. The board consists of:
A. Two public members as defined in Title 5, section 12004-A; and [2007, c. 402, Pt. GG, §3 (AMD).]
B. Five members who hold valid appraiser licenses, including at least one member who holds a certified general license. [1999, c. 185, §5 (NEW).]
[
2007, c. 402, Pt. GG, §3 (AMD)
.]
3.Geographic distribution.
[
2007, c. 402, Pt. GG, §3 (RP)
.]
4.Terms; removal.
Terms of the members of the board are for 3 years. Appointments of members must comply with Title 10, section 8009. Members may be removed by the Governor for cause.
[
2007, c. 402, Pt. GG, §3 (AMD)
.]
5.Meetings; chair; quorum.
The board shall meet at least once a year to conduct its business and to elect a chair. Additional meetings must be held as necessary to conduct the business of the board and may be convened at the call of the chair or a majority of the board members. Four members of the board constitute a quorum.
[
2007, c. 402, Pt. GG, §3 (AMD)
.]
6.Election of officers.
[
2007, c. 402, Pt. GG, §3 (RP)
.]
7.Exemption from standard.
The following are exempt from the requirements of the Uniform Standards of Professional Appraisal Practice, Standard 3 (2011):
A. A board member serving in the capacity of assigned complaint officer while performing an investigation or testifying at an
adjudicatory hearing; [2011, c. 286, Pt. L, §1 (NEW).]
B. A board member serving in the capacity of reviewer while reviewing the work experience of an applicant for licensure; and [2011, c. 286, Pt. L, §1 (NEW).]
C. An investigator employed by or retained by the department while performing an investigation or testifying at an adjudicatory
hearing. [2011, c. 286, Pt. L, §1 (NEW).]
[
2011, c. 286, Pt. L, §1 (NEW)
.]
SECTION HISTORY
1999, c. 185, §5 (NEW).
2007, c. 402, Pt. GG, §3 (AMD).
2011, c. 286, Pt. L, §1 (AMD).
Data for this page extracted on 10/16/2012 08:28:06.