There Is a Newer Version of this Section
  1. 2023 Oklahoma Stat.
  2. 2022 Oklahoma Stat.
  3. 2021 Oklahoma Stat.
  4. 2019 Oklahoma Stat. (here)
  5. View All Versions
View Our Newest Version Here

2019 Oklahoma Statutes
Title 59. Professions and Occupations
§59-858-830. Report to Real Estate Appraiser Board required for federally regulated AMC.

Universal Citation:
59 OK Stat § 59-858-830 (2019)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next

A. A federally-regulated appraisal management company (AMC) operating in Oklahoma must report to the Real Estate Appraiser Board the information required to be submitted by the Real Estate Appraiser Board to the Appraisal Subcommittee of the Federal Financial Examinations Council (ASC), pursuant to the ASC's policies regarding the determination of the AMC National Registry fee, including, but not limited to, the collection of the information related to ownership limitations.

B. As a state electing to register AMCs for purposes of permitting AMCs to provide appraisal management services relating to covered transactions in Oklahoma, the Real Estate Appraiser Board shall submit to the ASC the information required to be submitted by ASC regulations or guidance concerning AMCs that operate in Oklahoma.

C. If the National Registry fee is received by the Real Estate Appraiser Board from a self-identifying AMC, such funds will be transmitted by the Real Estate Appraiser Board to the ASC National Registry.

Added by Laws 2019, c. 90, § 9, eff. Nov. 1, 2019.

Previous Next
Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.