Wyo. Code R. 018-0001-2
Real Estate Appraiser Board
Chapter 2: Appraisal Management Company
Effective Date: 06/21/2018 to Current
Rule Type: Current Rules & Regulations
Reference Number: 018.0001.2.06212018
APPRAISAL MANAGEMENT COMPANY
(a) AMC applicants shall submit to the Board on forms which shall be prescribed by the Board and shall include:
(i) Completed application form with appropriate fee; (ii) Fingerprint cards for the designated contact person and any person owning more than ten percent (10%) of the AMC; (iii) Recent snapshot or photograph of the designated contact person; (iv) Current appraisal panel list. Changes to the appraisal panel shall be submitted via email to the Board within thirty (30) calendar days; (v) Engagement Document; (vi) Wyoming Secretary of State Certificate of Good Standing; (vii) Certificate of Incorporation, Partnership Agreement or Articles of Organization from your domestic state; and (viii) Copy of a surety bond in an amount not less than Twenty-Five Thousand Dollars ($25,000.00).
(b) Every Registration shall be valid for a period of one (1) year.
(a) Registrations shall be renewed for a period of one (1) year.
(b) Applications for renewal of Registrations shall be submitted to the Board on forms which shall be prescribed by the Board and shall include:
(i) Copy of the Renewal form and the appropriate fee(s); (ii) A copy of the Continuation Certificate showing the surety bond in the amount not less than twenty five thousand dollars ($25,000.00) was renewed; and (iii) A current snapshot or photograph of the Designated Contact person.
(c) AMC's may renew expired Registrations up to sixty (60) calendar days following expiration of the Registration by submitting a Renewal Form, remitting all required fees plus a late fee as described in Chapter 1 Section 4.
(d) After a Registration has been expired for a period of time in excess of sixty (60) calendar days, the Registration may not be renewed. In order to acquire a Registration, an AMC shall reapply as set forth in Section 1.