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AR SB670

Bill

Status

Passed

4/4/2017

Primary Sponsor

Bart Hester

Click for details

Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Governor appoints board members subject to Senate confirmation and may remove members for cause
  • Governor may appoint two appraiser board members from the state at large after consulting state chapters of national appraisal organizations that are Appraisal Foundation members and the Association of Consulting Foresters of America, Inc., Arkansas Chapter
  • At least five real estate appraiser members must be members in good standing of either a state chapter of a nationally recognized real estate appraisal organization requiring qualified experience, education, and testing, or the Association of Consulting Foresters of America, Inc., Arkansas Chapter
  • No practicing appraisers shall be denied the opportunity to submit names for the two at-large appointments based solely on membership or lack of membership in any particular appraisal organization
  • Arkansas Bankers Association, Arkansas Community Bankers Association, Mortgage Bankers Association of Arkansas, Inc., and Cornerstone Credit Union League must each annually submit a list of two names by January 15 to the Governor, from which a financial member may be appointed

Legislative Description

To Amend The Law Concerning Membership Of The Arkansas Appraiser Licensing And Certification Board.

Last Action

Notification that SB670 is now Act 817

4/4/2017

Committee Referrals

State Agencies and Governmental Affairs3/15/2017
State Agencies & Governmental Affairs3/6/2017

Full Bill Text

No bill text available