Current through P.L. 171-2024
Section 25-34.1-8-2 - Members; appointments; removal(a) The board consists of five (5) members appointed by the governor as follows: (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) 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) 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) A member may be removed under IC 25-1-6.5-4.Amended by P.L. 249-2019,SEC. 128, eff. 7/1/2019.As added by P.L. 186-1990, SEC.14. Amended by P.L. 183-1991, SEC.11.