§ 16-210.2. Appraisal management company hearing board  


Latest version.



  •    (a) Board established. -- The Commission shall establish an appraisal management company hearing board.

    (b) Membership. --

       (1) The hearing board consists of three members of the Commission, appointed by the Commission.

       (2) Of the three positions on the appraisal management company hearing board:

          (i) one shall be a representative of a financial institution;

          (ii) one shall be a consumer member; and

          (iii) one shall be a representative of an appraisal management company.

    (c) Chair. -- From among the members of the hearing board, the Commission shall designate a chair.


HISTORY: 2011, chs. 269, 270.