1. 1. Designation of controlling person An appraisal management company applying to the board for a license or for renewal of a license shall designate one controlling person that will be the main contact for all communication between the board and the appraisal management company.

   [PL 2017, c. 475, Pt. D, §1 (REEN).]

2. 2. Requirements A controlling person must:

   1. A. Be actively licensed or certified in at least one state as an appraiser at all times that the person is designated as a controlling person;

      [PL 2017, c. 475, Pt. D, §1 (REEN).]

   2. B. Have never had a license or certificate to act as an appraiser refused, denied, cancelled, revoked or surrendered in lieu of a pending revocation for substantive cause in any state;

      [PL 2017, c. 475, Pt. D, §1 (REEN).]

   3. C. Be of good moral character, as determined by the board; and

      [PL 2017, c. 475, Pt. D, §1 (REEN).]

   4. D. Submit to a background investigation, as required by the board.

      [PL 2017, c. 475, Pt. D, §1 (REEN).]

   [PL 2017, c. 475, Pt. D, §1 (REEN).]

PL 2017, c. 270, §1 (NEW). PL 2017, c. 475, Pt. D, §1 (REEN). MRSA T. 32 §14049-K, sub-§1 (RP).