Sec. 1104.103. APPLICATION FOR REGISTRATION OR RENEWAL. (a) An applicant for registration or registration renewal under this chapter must submit:
(1) an application on a form approved by the board; and
(2) the application or renewal fee established under Section 1104.052(a).
(b) The application must contain:
(1) the name, business address, and telephone contact information of the applicant seeking registration;
(2) if the applicant is not a corporation domiciled in this state, the name and contact information for the applicant's agent for service of process in this state;
(3) the name, address, and contact information for any person that owns more than 10 percent of the applicant;
(4) the name, address, and contact information for at least one controlling person;
(5) the designation of a primary contact under Section 1104.104;
(6) the name and contact information of at least one appraiser designated by the applicant to respond to and communicate with appraisers on the applicant's appraisal panel regarding appraisal assignments;
(7) a certification that the applicant has a system in place to ensure compliance with Subchapter D and Section 129E of the Truth in Lending Act (15 U.S.C. Section 1601 et seq.);
(8) a written irrevocable consent to service of process; and
(9) any other information required by the board to approve the application.
(c) The board shall adopt rules regarding registration and the renewal of a registration under this chapter.
Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 5, eff. September 1, 2017.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1104 - Appraisal Management Companies
Subchapter C. Registration Requirements
Section 1104.101. Registration Required
Section 1104.102. Eligibility for Registration; Ownership
Section 1104.103. Application for Registration or Renewal
Section 1104.104. Designation of Primary Contact
Section 1104.105. Denial of Registration or Renewal
Section 1104.106. Issuance and Publication of Registration Number