Sec. 2603.
(1) There is created a board of real estate appraisers.
(2) Of those board members who are appraisers, 3 shall be certified general real estate appraisers, 1 shall be a certified residential real estate appraiser, and 2 shall be either state licensed real estate appraisers or additional certified residential real estate appraisers. At least 1 of those appraisers may be employed by a state or nationally chartered bank, a state or federally chartered savings and loan or savings bank, a state or federally chartered credit union, an entity of the federally chartered farm credit system, or an entity regulated under the mortgage brokers, lenders, and servicers licensing act, 1987 PA 173, MCL 445.1651 to 445.1684.
History: Add. 1990, Act 269, Imd. Eff. Oct. 17, 1990 ;-- Am. 1999, Act 170, Imd. Eff. Nov. 10, 1999 ;-- Am. 2010, Act 90, Imd. Eff. June 10, 2010 Popular Name: Act 299
Structure Michigan Compiled Laws
Chapter 339 - Occupational Code
Act 299 of 1980 - Occupational Code (339.101 - 339.2919)
Article 26 - (339.2601...339.2637)
Section 339.2601 - Definitions.
Section 339.2603 - Board of Real Estate Appraisers; Creation; Qualifications of Members.
Section 339.2605 - Uniform Standards of Professional Appraisal Practice; Rules; Use of Aqb Criteria.
Section 339.2607 - Prohibited Representations; Definitions; Authorized Appraisals.
Section 339.2609 - Appraisal; Requirements.
Section 339.2611 - Repealed. 2006, Act 414, Imd. Eff. Sept. 29, 2006.
Section 339.2613-339.2615 - Repealed. 2006, Act 414, Imd. Eff. Sept. 29, 2006.
Section 339.2617 - Rules Regulating Educational Courses; Courses; Compliance With Aqb Criteria.
Section 339.2621 - Repealed. 2006, Act 414, Imd. Eff. Sept. 29, 2006.
Section 339.2623 - Licensing Without Examination.
Section 339.2625 - Nonresident Licensing; Service of Process; Temporary Permit.
Section 339.2627 - Continuing Education Requirements.
Section 339.2629 - Repealed. 2009, Act 178, Imd. Eff. Dec. 15, 2009.
Section 339.2631 - Repealed. 1990, Act 269, Eff. Dec. 31, 1991.
Section 339.2633 - Duties of Licensee.
Section 339.2635 - Prohibited Conduct; Penalties; Complaint.