Each appraisal management company seeking to be registered in this state shall certify to the board on an annual basis that it has retained the following documentation in accordance with the recordkeeping provisions of the uniform standards of professional appraisal practice and applicable state law:

1. (1) a full record as prescribed by the board that includes the names of the entities requesting service from the appraisal management company and the corresponding names of the appraisers that performed the appraisal services; and
2. (2) all certifications and supporting documentation for board registration and renewals, including audit reports required by this chapter.

History: En. Sec. 15, Ch. 270, L. 2011.