Sec. 1103.159. ADVISORY COMMITTEE ON APPRAISAL MANAGEMENT COMPANIES. (a) The board shall establish an advisory committee to advise the board and make recommendations on matters related to the regulation of appraisal management companies under Chapter 1104.
(b) The advisory committee consists of the assistant presiding officer of the board and four persons appointed by the governor as follows:
(1) two members who are each designated as the controlling person of an appraisal management company registered under Chapter 1104; and
(2) two public members with recognized business ability.
(c) The assistant presiding officer of the board shall serve as the presiding officer of the advisory committee.
(d) The members of the advisory committee appointed by the governor serve staggered two-year terms, with the terms of one appraisal management company member and one public member expiring on January 31 of each year.
(e) An appointed member may not serve more than two consecutive two-year terms.
(f) If a vacancy occurs during a member's term, the governor shall appoint a person to fill the unexpired term.
(g) The advisory committee may hold a meeting by telephone conference call or other video or broadcast technology.
Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 1, eff. September 1, 2011.
Redesignated from Occupations Code, Section 1103.157 by Acts 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093), Sec. 22.001(35), eff. September 1, 2013.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 950 (S.B. 1007), Sec. 19, eff. January 1, 2016.
Acts 2019, 86th Leg., R.S., Ch. 334 (S.B. 624), Sec. 26, eff. September 1, 2019.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1103 - Real Estate Appraisers
Subchapter D. Board Powers and Duties
Section 1103.151. Rules Relating to Certificates and Licenses
Section 1103.152. Appraiser Certificate and License Categories
Section 1103.153. Rules Relating to Qualifying or Continuing Education
Section 1103.154. Rules Relating to Professional Conduct
Section 1103.157. Gifts, Grants, and Donations
Section 1103.158. Expert Witness Testimony by Board Member
Section 1103.159. Advisory Committee on Appraisal Management Companies
Section 1103.160. Advisory Committees
Section 1103.161. Public Participation
Section 1103.162. Negotiated Rulemaking and Alternative Dispute Resolution Procedures