Section 36-21B-3 - Promulgation of rulesThe secretary of the Department of Labor and Regulation may promulgate rules pursuant to chapter 1-26 relating to appraisers and appraisals in the following areas:
(1) Certification, licensing, and registration of appraisers;(3) Uniform standards of professional appraisal practice;(4) Application for and issuance of certificates;(5) Examinations and examination procedures;(6) Pre-certification education criteria and continuing education;(7) Qualifications for and upgrading of a certificate;(8) Transactions requiring certified, licensed, or registered appraisers;(9) Renewal and late renewal procedures;(10) Certificate by reciprocity;(11) Temporary practice and permits;(12) Grounds for disciplinary actions including denial, revocation, suspension, censure, and reprimand;(13) Conflict of interest and investigation;(14) Advertising by certified, licensed, or registered appraisers;(15) Retention and inspection of records, and rosters of appraisers;(16) Appraiser membership, competency, and independence;(17) Review of appraisals and contracting for investigations;(18) Inspection, examination, and photocopy of appraisal records for audit purposes;(20) Exemptions and standards allowing appraisers to perform an evaluation for a federally insured depository institution;(21) An appraiser experience training program under which licensees may obtain requisite experience hours; and(22) Fees for participation in the appraiser experience training program.SL 1993, ch 293, § 2; SL 1995, ch 223, § 3; § 36-21A-117; SL 2004, ch 17, §237; SL 2011, ch 1 (Ex. Ord. 11-1), § 162, eff. Apr. 12, 2011; SL 2020, ch 164, § 3; SL 2021, ch 168, §34; SL 2021, ch 180, §1.Amended by S.L. 2021, ch. 168,s. 34, eff. 7/1/2021.Amended by S.L. 2021, ch. 180,s. 1, eff. 7/1/2021.Amended by S.L. 2020, ch. 164,s. 3, eff. 7/1/2020.