N.M. Admin. Code § 16.65.2.9

Current through Register Vol. 35, No. 20, October 22, 2024

Section 16.65.2.9 - OWNER REGISTRATION REQUIREMENTS

A. An AMC applying forregistration may not be owned by a person or have anyprincipal of the company, who has had a license or certificate to practice as an appraiser refused, denied, canceled or revokedin this state or in any other state.

B. Each person that owns, is an officer of, or has a ten percent or more financial interest in an AMC shall:

(1) attest to an irrevocable consent to service of process criminal history background check: All applicants for initial issuance or reinstatement of a certificate and license in New Mexico shall be required to be fingerprinted to establish positive identification for a state and federal criminal history background check.

(a) The applicant will register online, through the approved department of public safety website, with the board's Originating Agency Identification (ORI) number and make payment with registration. After the process is complete, the applicant will receive a registration confirmation.

(b) Results will be sent to the board electronically. The board shall not issue a certificate or license until the applicant's background check has been successfully completed.

(c) Out-of-State applicants, who are unable to visit an approved live scan fingerprinting facility, may follow the same registration process and submit a hardcopy fingerprint card to the approved live scan fingerprinting facility. The results will be sent to the board electronically. The board shall not issue a certificate or license until the applicant's background check has been successfully completed.

N.M. Admin. Code § 16.65.2.9

16.65.2.9 NMAC - N, 10/16/09, Amended by New Mexico Register, Volume XXXIV, Issue 18, September 26, 2023, eff. 9/26/2023