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  #1  
Old 08-07-2009, 09:20 AM
Terrel L. Shields's Avatar
Terrel L. Shields Terrel L. Shields is online now
 
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Default AMC must give Appraiser their number

Pretty much from the boards findings

Quote:
The AMC rules were amended today by teleconference. Part of the amendment included "The registrant shall disclose to an appraiser within their engagement documents verification of their State Registration".
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Old 08-07-2009, 11:38 AM
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and if they don't ???
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Old 08-07-2009, 12:37 PM
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Registration??

I don't need no stinken' registration!!
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Old 08-08-2009, 05:56 PM
conwayblue conwayblue is offline
 
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Is there a website we can check to verify registration? That would be better
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Old 08-08-2009, 06:28 PM
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Conway, I suspect we will be able to check come 01/01/2010 via the Secretary of State's website.

TS, I have seen the Bill (now Act). Where can I see the proposed rules of the Board regarding AMC's?
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Old 08-08-2009, 10:24 PM
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Terrel L. Shields Terrel L. Shields is online now
 
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I got the email from Dwight. They had a meeting July 29 to take comments on the issue.

The AMC does have to bond in the state. If the APPRAISER does not get the number and completes the report then they will be in violation of AALCB rules.
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Old 08-09-2009, 12:27 AM
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Quote:
Originally Posted by Terrel L. Shields View Post
I got the email from Dwight. They had a meeting July 29 to take comments on the issue.

The AMC does have to bond in the state. If the APPRAISER does not get the number and completes the report then they will be in violation of AALCB rules.
I understand and expected that.

1) Will they publish the new "rules" in readable format?

2) Where can those affected (AMC's) see what they must do to do business in Arkansas?

All of this is good but we have to start getting the word out.
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