§ 5-20.9-11. Controlling person and review appraiser employees.
(a) Each appraisal management company applying to the department for a registration in this state shall designate one controlling person who will be the principal contact for all communication between the department and the appraisal management company.
(b) Any employee of the appraisal management company who has the responsibility to review the work of independent fee appraisers must have a current USPAP certification.
History of Section.P.L. 2017, ch. 14, § 1; P.L. 2017, ch. 26, § 1.
Structure Rhode Island General Laws
Title 5 - Businesses and Professions
Chapter 5-20.9 - Real Estate Appraisal Management Company Registration Act
Section 5-20.9-1. - Legislative purpose.
Section 5-20.9-2. - Definitions.
Section 5-20.9-3. - Registration required for appraisal management companies.
Section 5-20.9-4. - Requirements for registration.
Section 5-20.9-5. - Consent to service of process.
Section 5-20.9-6. - Retention of records.
Section 5-20.9-7. - Initial registration, renewals, forms, and fees.
Section 5-20.9-8. - Expiration of registration.
Section 5-20.9-10. - Owner requirements.
Section 5-20.9-11. - Controlling person and review appraiser employees.
Section 5-20.9-12. - Verification of appraiser licensure or certification.
Section 5-20.9-13. - Appraiser independence.
Section 5-20.9-14. - Prohibited practices.
Section 5-20.9-16. - Investigations.
Section 5-20.9-17. - Order to cease and desist.
Section 5-20.9-18. - Hearing before revocation or suspension or refusal of registration.