(a)To elect to be placed on inactive status, a license holder [registrant] 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 [registrant] has given written notice of its election to go inactive to all appraisers listed on the license holder's [registrant'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 [registrant shall] 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 [registrant] 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 [ registrant] on inactive status will remain in place [until the registrant's next renewal date]. (e)A license holder [registrant] may [not] renew on inactive status. To renew on inactive status, a license holder [An inactive registrant] must satisfy: (1)all requirements under subsection (a) of this section; and (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 September 8, 2014
TRD-201404276 Kristen Worman
General Counsel
Texas Appraiser Licensing and Certification Board
Earliest possible date of adoption: October 19, 2014
For further information, please call: (512) 936-3652
|