Effective 5/8/2018 61-2e-201. Registration required — Qualification for registration. (1) Unless exempted under Section 61-2e-104, an appraisal management company is required to register under this chapter if, in a calendar year, the company: (a) contracts with one or more appraisers for the performance of 10 or more appraisals in the state; (b) oversees an appraiser […]
Effective 5/8/2018 61-2e-202. Initial registration process. (1) (a) To register under this chapter as an appraisal management company, an entity shall: (i) file with the division a registration application in a form prescribed by the division; (ii) pay to the division a fee determined in accordance with Section 63J-1-504; (iii) if the entity is not […]
Effective 5/8/2018 61-2e-203. Criminal background check — Conditional registration — Changes in ownership or controlling person. (1) The division shall request the Department of Public Safety to complete a Federal Bureau of Investigation criminal background check for an individual described in Subsection 61-2e-202(2)(e) or (g) through the national criminal history system or any successor system. […]
Effective 5/10/2016 61-2e-204. Renewal of a registration. (1) (a) A registration under this chapter expires two years from the day on which the registration is approved. (b) Notwithstanding Subsection (1)(a), the time period of a registration may be extended or shortened by as much as one year to maintain or change a renewal cycle established […]
Effective 5/5/2021 61-2e-205. Division service fees — Federal registry fees. (1) The division, with the concurrence of the board, shall establish and collect fees, in accordance with Section 63J-1-504, for services the division renders to carry out this chapter. (2) (a) The division shall: (i) collect the annual registry fee established by the Appraisal Subcommittee […]
