Ark. Code Ann. » Title 17 Chapter 14
Arkansas Code Annotated

Ark. Code Ann. § 17-14-102 (2020)

Necessity for registration, license, or certificate

✓ Arkansas Code release r76: Acts through about 2020 (2021-2025 sessions missing)
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    1. The Arkansas Appraiser Licensing and Certification Act, § 17-14-101 et seq., § 17-14-201 et seq., and § 17-14-301 et seq., is created in response to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 and specifies three (3) classes of appraisers: state-licensed, state-certified residential, and state-certified general appraisers for federally related transactions.
    2. A fourth class is created for nonfederally related transactions, which shall be known as “state-registered appraisers”.
    3. A fifth class is created for an appraiser who is subject to direct control and supervision by a qualified state-certified appraiser supervisor as part of upgrading his or her classification to state-licensed or state-certified, which shall be known as “registered apprentice appraiser”.
  2. It is the intent of the General Assembly that this law be no more restrictive than required under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

History. Acts 1991, No. 416, §§ 7, 13; 1991, No. 541, §§ 7, 13; 1993, No. 413, § 1; 2001, No. 1256, § 1; 2009, No. 628, § 3; 2019, No. 514, § 1.

Amendments. The 2009 amendment substituted “The Arkansas Appraiser Licensing and Certification Act, § 17-14-101 et seq., § 17-14-201 et seq., and § 17-14-301 et seq.,” for “This chapter” in (a), and made minor stylistic and punctuation changes.

The 2019 amendment redesignated former (a) as (a)(1) and (a)(2); and added (a)(3).

U.S. Code. Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, referred to in this section, is codified as 12 U.S.C. §§ 3310 and 3331 et seq.

Notes of Decisions
Cited in 1 case, 1999–1999 · leading case: McQuay v. Arkansas State Bd. of Architects, 989 S.W.2d 499 (Ark. 1999).
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McQuay v. Arkansas State Bd. of Architects, 989 S.W.2d 499 (Ark. 1999). · cites it 6× “In January 1993, appellant prepared construction documents for Cobb/Vantress Laboratory Facility, and in August 1993 and in 1994, appellant designed and prepared construction documents in two phases for Atkinson Internal Medical Clinic.”
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