: Texas Register

Texas Register

TITLE 22	EXAMINING BOARDS
PART 8	TEXAS APPRAISER LICENSING AND CERTIFICATION BOARD
CHAPTER 159	RULES RELATING TO THE PROVISIONS OF THE TEXAS APPRAISAL MANAGEMENT COMPANY REGISTRATION AND REGULATION ACT
RULE §159.102	Eligibility for Registration; Ownership
ISSUE	12/08/2017
ACTION	Final/Adopted

Preamble

Texas Admin Code Rule

(a)For the purpose of certifying to the Board that an applicant has reviewed the owners of the entity as required by the AMC Act and that no such owner has had a license to act as an appraiser denied, revoked, or surrendered in lieu of revocation unless the license was subsequently granted or reinstated, the applicant may rely on the Appraisal Subcommittee's online National Registry database.

(b)If an owner of the applicant has had a license to act as an appraiser denied, revoked, or surrendered, the Board may require the applicant to demonstrate that the owner's license was denied, revoked, or surrendered for a nonsubstantive reason as determined by the Board.

(c)For purposes of this Chapter, a nonsubstantive reason may include, but is not limited to:

(1)mistake; or

(2)failure to comply with technical requirements for renewal.

The agency certifies that legal counsel has reviewed the adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on November 20, 2017

TRD-201704739

Kristen Worman

General Counsel

Texas Appraiser Licensing and Certification Board

Effective date: December 10, 2017

Proposal publication date: September 1, 2017

For further information, please call: (512) 936-3652

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