36-21B-3.   Promulgation of rules relating to appraisers and appraisals. The secretary of the Department of Labor and Regulation may promulgate rules pursuant to chapter 1-26 relating to appraisers and appraisals and to enable the secretary to promulgate rules in the following areas:

             (1)      Certification, licensing, and registration of appraisers;

             (2)      Definition of terms;

             (3)      Uniform standards of professional appraisal practice;

             (4)      Application for and issuance of certificates;

             (5)      Examinations and examination procedures;

             (6)      Pre-certification education criteria and continuing education;

             (7)      Qualifications for and upgrading of a certificate;

             (8)      Transactions requiring certified, licensed, or registered appraisers;

             (9)      Renewal and late renewal procedures;

             (10)      Certificate by reciprocity;

             (11)      Temporary practice and permits;

             (12)      Complaints and grounds for disciplinary actions including denial, revocation, suspension, censure, and reprimand;

             (13)      Conflict of interest and investigation;

             (14)      Advertising by certified, licensed, or registered appraisers;

             (15)      Retention and inspection of records, and rosters of appraisers;

             (16)      Appraiser membership, competency, and independence;

             (17)      Review of appraisals and contracting for investigations;

             (18)      Inspection, examination, and photocopy of appraisal records for audit purposes; and

             (19)      Inactive status.

Source: SL 1993, ch 293, § 2; SL 1995, ch 223, § 3; § 36-21A-117; SL 2004, ch 17, § 237; SL 2011, ch 1 (Ex. Ord. 11-1), § 162, eff. Apr. 12, 2011.

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