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§ 47-14-11 NMSA 1978

Controlling person requirements

Known as the Appraisal Management Company Registration Act

The act spans §§ 47–47 (26 sections).

Laws 2009, ch. 214, § 11.

In order to serve as a controlling person of an appraisal management company, a person shall:

A. certify to the board that the person has never had a certificate or a license issued by the board of this state, or the board of any other state, to act as an appraiser refused, denied, canceled or revoked;

B. be of good moral character, as determined by the board; and

C. submit to a background investigation, as determined by the board.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.