201 KAR 30:330. Application for registration.


      RELATES TO: KRS 324A.152(2), (3), (4), 324A.154


      NECESSITY, FUNCTION, AND CONFORMITY: KRS 324A.152(2) requires the board to establish by administrative regulation the application process for appraisal management companies. This administrative regulation establishes the application process for registration of appraisal management companies.


      Section 1. (1) A person required to be registered under KRS 324A.152 shall apply by submitting the following to the board:

      (a) A completed Application for Appraisal Management Company Registration;

      (b) Attachments A through H as listed in the Application for Appraisal Management Company Registration;

      (c) Proof of valid and sufficient surety bond as required by 201 KAR 30:320; and

      (d) All fees required by 201 KAR 30:310.

      (2) If information required or requested by the board, through application or otherwise, becomes inaccurate the registrant shall file with the board an amendment correcting that information within ten (10) business days.


      Section 2. Incorporation by Reference. (1) "Application for Appraisal Management Company Registration", 12/11, is incorporated by reference.

      (2) This material may be inspected, copied, or obtained, subject to applicable copyright law, at the Kentucky Real Estate Appraisers Board, 135 W. Irvine Street, Suite 301, Richmond, Kentucky 40475, (859) 623-1658, Monday through Friday, 8 a.m. to 4:30 p.m. (38 Ky.R. 422; 1299; eff. 2-3-12.)