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Current as of January 01, 2025 | Updated by Findlaw Staff
1. Designation of controlling person. An appraisal management company applying to the board for a license or for renewal of a license shall designate one controlling person that will be the main contact for all communication between the board and the appraisal management company.
2. Requirements. A controlling person must:
A. Be actively licensed or certified in at least one state as an appraiser at all times that the person is designated as a controlling person;
B. Have never had a license or certificate to act as an appraiser refused, denied, cancelled, revoked or surrendered in lieu of a pending revocation for substantive cause in any state;
C. Be of good moral character, as determined by the board; and
D. Submit to a background investigation, as required by the board.
Cite this article: FindLaw.com - Maine Revised Statutes Title 32. Professions and Occupations § 14047. Controlling persons - last updated January 01, 2025 | https://codes.findlaw.com/me/title-32-professions-and-occupations/me-rev-st-tit-32-sect-14047/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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