(1) The board shall:
Transmit to the appraisal subcommittee of the federal financial institutions examination council or its successor entity, no less than annually, a roster listing individuals and appraisal management companies that have received a certificate or license as provided in this part 6;
Collect and transmit, on an annual basis, to the federal financial institutions examination council an annual registry fee, as prescribed by the appraisal subcommittee of the federal financial institutions examination council or its successor entity, from the following individuals and entities:
Individuals and appraisal management companies that are licensed or certified pursuant to this part 6; and
Appraisal management companies that operate as subsidiaries of federally regulatedfinancial institutions; and
(c) Conduct its business and promulgate rules in a manner consistent with Title XI of the federal "Financial Institutions Reform, Recovery, and Enforcement Act of 1989", as amended, Pub.L. 101-73.
(2) The board shall not collect or transmit the information required by this section for licensed ad valorem appraisers.
Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 684, § 1, effective October 1.
Editor's note: This section is similar to former § 12-61-720 as it existed prior to 2019.