Arkansas § 17-14-202 Powers and duties - Reporting standards - Qualification standards

Arkansas Statutes

§ 17-14-202 — Powers and duties - Reporting standards - Qualification standards

Arkansas § 17-14-202

Title17

This text of Arkansas § 17-14-202 (Powers and duties - Reporting standards - Qualification standards) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 17-14-202 (2026).

Text

(a)The State Board of Appraisers, Abstracters, and Home Inspectors may establish, maintain, report, and periodically update meaningful qualification standards for state-licensed, registered apprentice, and state-certified appraisers practicing in the State of Arkansas, including testing, experience, and educational requirements that:

(1)Are adequate to demonstrate knowledge and competency; and (2) Will further demonstrate the continued compliance with:

(A)All applicable federal law and regulations, including Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and related requirements of the federal financial institutions regulatory agencies; and (B) The minimum standards and qualifications as promulgated by the Appraisal Standards Board and the Appraise

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The State Board of Appraisers, Abstracters, and Home Inspectors may establish, maintain, report, and periodically update meaningful qualification standards for state-licensed, registered apprentice, and state-certified appraisers practicing in the State of Arkansas, including testing, experience, and educational requirements that: (1) Are adequate to demonstrate knowledge and competency; and (2) Will further demonstrate the continued compliance with: (A) All applicable federal law and regulations, including Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and related requirements of the federal financial institutions regulatory agencies; and (B) The minimum standards and qualifications as promulgated by the Appraisal Standards Board and the Appraiser Qualifications Board of the Appraisal Foundation. (b) The State Board of Appraisers, Abstracters, and Home Inspectors may adopt, maintain, report, and periodically update minimum reporting standards for state-registered, state-licensed, registered apprentice, and state-certified appraisers practicing in the State of Arkansas. The reporting standards shall: (1) Be equivalent to the Uniform Standards of Professional Appraisal Practice as promulgated by the Appraisal Standards Board of the Appraisal Foundation; and (2) At all times seek compliance with: (A) All applicable federal law and regulations, including Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and related requirements of the federal financial institutions regulatory agencies; and (B) The minimum standards as promulgated by the Appraisal Standards Board of the Appraisal Foundation.

Legislative History

Amended by Act 2023, No. 628,§ 25, eff. 7/1/2023. Amended by Act 2019, No. 514,§ 5, eff. 7/24/2019. Acts 1991, No. 416, § 4; 1991, No. 541, § 4; 2001, No. 1256, § 6.