(a)To elect to be placed on inactive status, a license
holder must do the following:
(1)file a request for inactive status on a form approved
by the Board[
| and pay the required fee]; and
(2)confirm in writing to the Board that the license
holder has given written notice of its election to go inactive to
all appraisers listed on the license holder's appraiser panel at least
30 days prior to filing the request for inactive status.
(b)In order to return from inactive status to active
status, a license holder must submit to the Board a completed Request
for Active Status form and proof of compliance with all outstanding
requirements for active registration.
(c)A license holder that has elected or been placed
on inactive status may not engage in any activity for which registration
is required until an active registration has been issued by the Board.
(d)The appraiser panel of a license holder on inactive
status will remain in place.
(e)A license holder may renew on inactive status.
To renew on inactive status, a license holder must satisfy:
(1)all requirements under subsection (a) of this section;
(2)all renewal requirements for an active registration
under §159.108 of this chapter.
The agency certifies that legal counsel has
reviewed the proposal and found it to be within the state agency's
legal authority to adopt.
Filed with the Office
of the Secretary of State on August 19, 2022
Texas Appraiser Licensing and Certification Board
Earliest possible date of adoption: October 2, 2022
For further information, please call: (512) 936-3652