§ 43-23.3-02 — North Dakota real estate appraiser qualifications and ethics board

North Dakota § 43-23.3-02

• Jurisdiction: North Dakota
• Title 43: Occupations and Professions
• Ch. 43-23.3: Real Estate Appraisers

Text

1. The governor shall appoint the board. The board must consist of five members. One
member must represent the public; one member must be a representative of the
financial industry; and three members must be appraisers, at least one of which is
experienced in the appraisal of agricultural property.
a. Each appraiser member of the board must be either a licensed or certified
appraiser, but at least two of the appraiser members must be certified appraisers.
b. The governor shall appoint the financial industry representative from a list of
qualified individuals submitted by the North Dakota bankers associations, the
credit union association of the Dakotas, and the North Dakota farm credit system
associations. Each of these entities may submit two names of candidates to the
governor. The public member of the board may not be engaged in the practice of
real estate appraising.
2. The term of each member is five years. A member may not serve more than two
consecutive five-year terms, after which at least two years must pass before the
governor may reappoint that former member to the board. The governor shall appoint
members so the terms of no more than two members expire each year. A member of
the board continues to hold office until the appointment and qualification of a
successor. The governor may remove a board member for cause.
3. Annually the members shall elect a chairman from among the members.
4. At least two of the members who are appraiser members must be present in order for
a quorum to exist.
5. The members are entitled to receive compensation for each day actually engaged in
the service of the board and actual and necessary traveling expenses at the rate
allowed other state officials, paid from the fees collected by the board.