| Last Action | to Licensing & Occupations (H) |
|---|---|
| Title | AN ACT relating to appraisal management companies. |
| Bill Documents |
Bill
|
| Bill Request Number | 1556 |
| Sponsor | B. Damron |
| Summary of Original Version | Create new sections of KRS Chapter 324A to establish the appraisal management company education, research, and recovery fund; direct the Real Estate Appraisal Board to assess each registrant an annual fee of $800 to be included in the fund; designate purposes of the fund; require the board to maintain a minimum fund level of $200,000 for recovery and guaranty purposes; permit the board to use funds in excess of the required minimum balance for educational and other purposes that advance the appraisal field in Kentucky; establish procedure for making claims against the fund; define "aggrieved party"; permit the board to require a respondent to pay costs of investigation and all proceedings when disciplinary action is imposed pursuant to the chapter. |
| Index Headings of Original Version |
Fees - Appraisal management company education, research, and recovery fund, creation of Licensing - Appraisal management company education, research, and recovery fund, creation of Occupations and Professions - Appraisal management company education, research, and recovery fund, creation of Real Estate - Appraisal management company education, research, and recovery fund, creation of |
| 03/01/12 |
|
|---|---|
| 03/05/12 |
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Last updated: 8/27/2019 8:05 PM (EDT)