58-4707. Same; requirements for nonresident applicants; investigation. (a) Prior to the issuance of a registration to a nonresident applicant, the applicant must agree in writing to abide by all provisions of this act with respect to the applicant's appraisal management activities within this state and submit to the jurisdiction of the board and the state in all matters relating thereto. Such agreement shall be filed with the board and shall remain in force for so long as the nonresident is registered by this state and thereafter with respect to acts or omissions committed while registered as a nonresident.
(b) The board may investigate the actions of a nonresident registrant and, pursuant to the Kansas administrative procedures act, may revoke, condition, limit, suspend, censure or nonrenew the registration of the nonresident registrant for disciplinary action in relation to AMC practices, including, but not limited to, denial, revocation or suspension of a registration taken by another state, district or territory of the United States.
(c) Prior to the issuance of a registration to a nonresident AMC, the applicant shall file with the board a designation in writing that appoints the executive director of the board as the applicant's agent, upon whom all judicial and other process or legal notices directed to the applicant may be served in the event such applicant becomes a registrant. Any process or legal notices to a nonresident registrant shall be directed to the executive director and, in the case of a summons, shall require the nonresident registrant to answer within 40 days from the date of service on such registrant. A summons and a certified copy of the petition shall be forthwith forwarded by the clerk of the court to the executive director, who immediately shall forward a copy of the summons and the certified copy of the petition to the nonresident registrant. Thereafter, the executive director shall make return of the summons to the court from which it was issued, showing the date of its receipt by the executive director, the date of forwarding and the name and address of the person to whom the executive director forwarded a copy. Such return shall have the same force and effect as a return made by the sheriff on process directed to the sheriff.
History: L. 2012, ch. 93, ยง 7; July 1.
Structure Kansas Statutes
Chapter 58 - Personal And Real Property
Article 47 - Kansas Appraisal Management Company Registration Act
58-4701 Kansas appraisal management company registration act; citation of act.
58-4704 Same; application for registration; transmission of information to national registry.
58-4705 Same; exemptions from registration.
58-4706 Same; registration period.
58-4707 Same; requirements for nonresident applicants; investigation.
58-4708 Same; fees; collection and remittance.
58-4709 Same; limitation on ownership interest in an AMC; conditions.
58-4710 Same; designation of controlling person for AMC.
58-4711 Same; AMC appraiser requirements.
58-4712 Same; appraisal review reporting.
58-4713 Same; record keeping required; inspection of records.
58-4715 Same; unlawful acts; registration required.
58-4717 Same; prohibited acts.
58-4719 Same; modification of appraisal prohibited.
58-4720 Same; registration number.
58-4721 Same; removal of appraiser, limitation.
58-4722 Same; denial of registration or renewal thereof; grounds.
58-4723 Same; penalties; hearing.