Ind. Code § 25-34.1-8-2
Members; appointments; removal
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 2. (a) The board consists of seven (7) members appointed by the governor as follows:
Sec. 2. (a) The board consists of five (5) members appointed by the governor as follows:
(1) Five (5) members who are real estate appraisers: (A) who are licensed or certified under this article; (B) who have at least five (5) years experience as real estate appraisers; and (C) at least three (3) of whom are certified appraisers.
(1) Subject to IC 25-1-6.5-3, three (3) members who are real estate appraisers: (A) who are licensed or certified under this article; (B) who have at least five (5) years experience as real estate appraisers; and (C) at least one (1) of whom is a certified appraiser.
(2) One (1) representative who represents lenders qualified to: (A) make Federal Housing Administration insured loans and Veterans Administration guaranteed loans; and (B) sell loans to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation.
(2) Subject to IC 25-1-6.5-3, one (1) representative who represents lenders qualified to: (A) make Federal Housing Administration insured loans and Veterans Administration guaranteed loans; and (B) sell loans to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation.
(3) One (1) member who is not associated with the real estate business in any way other than as a consumer.
(3) Subject to IC 25-1-6.5-3, one (1) member who is not associated with the real estate business in any way other than as a consumer.
(b) When making appointments under subsection (a), the governor shall consider the geographic areas represented on the board.
(b) A member may be removed under IC 25-1-6.5-4.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.