Arkansas Code Title 17, Subtitle 2, Chapter 14, Subchapter 4 - Appraisal Management Company Registration Act
- § 17-14-401 - Short Title.
This subchapter shall be known and may be cited as the "Appraisal Management Company Registration Act".
- § 17-14-402 - Definitions.
As used in this subchapter: (1) "Appraisal management company" means a person that performs the actions necessary to administer a network of state-licensed appraisers...
- § 17-14-403 - Registration of Appraisal Management Companies Required.
A person shall not act as an appraisal management company or perform appraisal management services in this state unless registered by the Arkansas Appraiser...
- § 17-14-404 - Rulemaking Authority.
The Arkansas Appraiser Licensing and Certification Board may adopt rules to implement, administer, and enforce this subchapter, including without limitation to prescribe: (1) Forms...
- § 17-14-405 - Requirements for Registration.
(a) Before acting or offering to act as an appraisal management company in this state, a person shall make written application to the Arkansas...
- § 17-14-406 - Fees and Renewals.
(a) The Arkansas Appraiser Licensing and Certification Board shall establish by rule a filing fee not to exceed five hundred dollars ($500) to be...
- § 17-14-407 - Registrant Responsibilities and Duties.
(a) A registrant that is an organization shall: (1) Maintain a registered agent for service of process under the Model Registered Agents Act, ยง...
- § 17-14-408 - Prohibited Activities.
(a) An employee, director, officer, or agent of an appraisal management company or any other third party acting as a joint venture partner with...
- § 17-14-409 - Registry of Applicants and Roster.
(a) (1) The Executive Director of the Arkansas Appraiser Licensing and Certification Board shall keep a register of all applicants for registration. (2) The...
- § 17-14-410 - Disciplinary Authority, Enforcement, and Hearings.
(a) The Arkansas Appraiser Licensing and Certification Board may deny, suspend, revoke, or refuse to issue or renew the registration of an appraisal management...
- § 17-14-411 - Injunctive Relief -- Criminal Penalty.
(a) The Arkansas Appraiser Licensing and Certification Board may appear in its own name in a circuit court of competent jurisdiction to obtain injunctive...
- § 17-14-412 - Applicability.
This subchapter does not apply to: (1) An agency of the federal, state, county, or municipal government; (2) A person authorized to engage in...
Last modified: November 15, 2016