- (a) Any person, firm, or corporation desiring to engage in the business of abstracting in this state shall make application to the State Board of Appraisers, Abstracters, and Home Inspectors for a certificate of authority.
(b)
- (1) All applications for certificates of authority shall be made on forms provided by the board and completed and signed by the applicant.
- (2) The application may require the signature acknowledged before a notary public.
- (3) All applications shall include the appropriate fees.
- (4) The board will not consider an application which is incomplete or with which the correct fees have not been submitted.
(5) All applications shall include proof that:
- (A) The applicant has available an abstract plant for each county for which abstracts will be prepared, which abstract plant shall be made available for examination by the board;
- (B) The applicant is or has employed a registered abstracter; and
- (C) The bond requirements provided for in Arkansas Code § 17-11-324 have been complied with.
- (c) Upon successful completion of the application and approval by the board, the board shall issue a certificate of authority in such a form as prescribed by the board which includes the county of this state wherein the applicant may operate.