§14047. Controlling persons
1.
Designation of controlling person.
An appraisal management company applying to the board for a license or for renewal of a license shall designate one controlling person that will be the main contact for all communication between the board and the appraisal management company.
[PL 2017, c. 475, Pt. D, §1 (REEN).]
2.
Requirements.
A controlling person must:
A.
Be actively licensed or certified in at least one state as an appraiser at all times that the person is designated as a controlling person;
[PL 2017, c. 475, Pt. D, §1 (REEN).]
B.
Have never had a license or certificate to act as an appraiser refused, denied, cancelled, revoked or surrendered in lieu of a pending revocation for substantive cause in any state;
[PL 2017, c. 475, Pt. D, §1 (REEN).]
C.
Be of good moral character, as determined by the board; and
[PL 2017, c. 475, Pt. D, §1 (REEN).]
D.
Submit to a background investigation, as required by the board.
[PL 2017, c. 475, Pt. D, §1 (REEN).]
[PL 2017, c. 475, Pt. D, §1 (REEN).]
SECTION HISTORY
PL 2017, c. 270, §1 (NEW). PL 2017, c. 475, Pt. D, §1 (REEN). MRSA T. 32 §14049-K, sub-§1 (RP).