§ 5-20.7-5. Powers of the board.
The board shall:
(1) Establish criteria, standards, and requirements for the certifying and licensing of
real estate appraisers, including, but not limited to, educational criteria, experience
criteria, and examination requirements for certifying, licensing, and recertifying.
(2) Establish administrative procedures for disciplinary proceedings conducted pursuant
to the provisions of this chapter and the board shall censure, suspend, and revoke
certificates pursuant to the disciplinary proceedings established by the board.
(3) Have a policy-making role in the preparation and composition of the examinations to
be administered by the department or its designee. Subsequent to the administration
of the examination, the board shall review the examinations to evaluate their effectiveness.
(4) Supervise the operations in the department in an advisory capacity and promulgate
any policy, procedures, and rules that are necessary to improve the operations of
the department in their areas of expertise and to implement this chapter. The promulgation
of those policies is subject to the approval of the director of the department.
(5) Provide any advisory opinions to the department that are necessary for the implementation
of this chapter, title XI of the Federal Financial Institutions Reform, Recovery and
Enforcement Act of 1989, 12 U.S.C. § 3331 et seq., as may be amended from time to time and with the federal regulatory standards
promulgated thereunder, as well as any other standards of expertise and certification
deemed appropriate by the board.
(6) [Deleted by P.L. 2014, ch. 92, § 2, and by P.L. 2014, ch. 93, § 2].