Title 25, PROFESSIONS AND OCCUPATIONS

Sec. 14. The board shall prescribe forms for the registration of appraisal management companies under this chapter. As added by P.L.77-2010, SEC.2.

Sec. 15. (a) The board shall establish the registration fee to be paid by an appraisal management company seeking registration under this chapter. The amount of the registration fee must be the lesser of: (1) the amount determined by the board to be sufficient for the administrat…

Sec. 15.5. (a) This section applies to an appraisal management company that qualifies as an appraisal management company under 12 U.S.C. 3350(11). (b) As used in this section, "Appraisal Subcommittee" refers to the Appraisal Subcommittee of the Federal Financial Institutions Exam…

Sec. 16. An appraisal management company is responsible for ensuring an appraisal complies with standards established: (1) in the USPAP; and (2) by the board. As added by P.L.77-2010, SEC.2.

Sec. 17. (a) An appraisal management company that violates this chapter is subject to disciplinary sanctions under IC 25-1-11-12. (b) The board may impose a civil penalty of not more than ten thousand dollars ($10,000) for each violation of this chapter. (c) A civil penalty colle…

Sec. 18. (a) A person who performs appraisal management services without a certificate of registration under this chapter commits a Class A infraction. (b) The attorney general, the board, or the prosecuting attorney of any county in which a violation occurs may maintain an actio…

Sec. 19. The board may adopt rules under IC 4-22-2 that the board considers necessary or advisable for the administration of this chapter. As added by P.L.77-2010, SEC.2.

Sec. 2. As used in this chapter, "appraisal management company" means a person that, for compensation, acts as a third party intermediary by contracting with independent real estate appraisers to perform appraisals for other persons. As added by P.L.77-2010, SEC.2.

Sec. 3. (a) As used in this chapter, "appraisal management services" means any of the following functions: (1) To recruit, qualify, verify licensing or certification, or negotiate fees and service level expectations with independent real estate appraisers on behalf of a person se…

Sec. 4. As used in this chapter, "board" refers to the real estate appraiser licensure and certification board established by IC 25-34.1-8-1. As added by P.L.77-2010, SEC.2.

Sec. 5. (a) As used in this chapter, "person" means an individual engaged in a trade or business, an association, a partnership, a limited partnership, a limited liability company, a corporation, or a similar entity. (b) The term does not include an employee. As added by P.L.77-2…

Sec. 6. As used in this chapter, "real estate appraiser" means a person who: (1) prepares an appraisal for a real estate transaction in Indiana; and (2) meets one (1) or more of the following: (A) Is licensed as a real estate broker under IC 25-34.1 and performs real estate appra…

Sec. 7. "USPAP" refers to the Uniform Standards of Professional Appraisal Practice, as published by the Appraisal Standards Board of the Appraisal Foundation, under the authority of Title XI of the federal Financial Institutions Reform, Recovery, and Enforcement Act (12 U.S.C. 33…

Sec. 8. An appraisal management company may not perform appraisal management services unless the appraisal management company has obtained a certificate of registration from the board under this chapter. As added by P.L.77-2010, SEC.2.

Sec. 9. (a) An appraisal management company that wishes to obtain or renew a certificate of registration under this chapter must submit the following information to the board on forms prescribed by the board: (1) The name of the person seeking registration. (2) The business addre…

Sec. 1. (a) The commission shall promulgate reasonable rules in order to effectively and efficiently achieve the purpose of the compact. (b) Notwithstanding subsection (a), in the event the commission exercises its rulemaking authority in a manner that is beyond the scope of the …

Sec. 10. Following the scheduled hearing date, or by the close of business on the scheduled hearing date if the hearing was not held, the commission shall consider all written and oral comments received. As added by P.L.98-2023, SEC.2.

Sec. 11. If no written notice of intent to attend the public hearing by interested parties is received, the commission may proceed with promulgation of the proposed rule without a public hearing. As added by P.L.98-2023, SEC.2.

Sec. 12. The commission shall, by majority vote of all members, take final action on the proposed rule and shall determine the effective date of the rule, if any, based on the rulemaking record and the full text of the rule. As added by P.L.98-2023, SEC.2.

Sec. 13. Upon determination that an emergency exists, the commission may consider and adopt an emergency rule without prior notice, opportunity for comment, or hearing, provided that the usual rulemaking procedures provided in the compact and in this section shall be retroactivel…

Sec. 14. The commission or an authorized committee of the commission may direct revisions to a previously adopted rule or amendment for purposes of correcting typographical errors, errors in format, errors in consistency, or grammatical errors. Public notice of any revisions shal…

Sec. 2. The commission shall exercise its rulemaking powers pursuant to the criteria set forth in this section and the rules adopted thereunder. Rules and amendments shall become binding as of the date specified in each rule or amendment. As added by P.L.98-2023, SEC.2.

Sec. 3. If a majority of the legislatures of the member states rejects a rule, by enactment of a statute or resolution in the same manner used to adopt the compact within four (4) years of the date of adoption of the rule, then such rule shall have no further force and effect in …

Sec. 4. Rules or amendments to the rules shall be adopted at a regular or special meeting of the commission. As added by P.L.98-2023, SEC.2.

Sec. 5. Prior to promulgation and adoption of a final rule or rules by the commission, and at least thirty (30) days in advance of the meeting at which the rule will be considered and voted upon, the commission shall file a notice of proposed rulemaking: (1) on the website of the…

Sec. 6. The notice of proposed rulemaking shall include the following: (1) The proposed time, date, and location of the meeting in which the rule will be considered and voted upon. (2) The text of the proposed rule or amendment and the reason for the proposed rule. (3) A request …

Sec. 7. Prior to adoption of a proposed rule, the commission shall allow persons to submit written data, facts, opinions, and arguments, which shall be made available to the public. As added by P.L.98-2023, SEC.2.

Sec. 8. The commission shall grant an opportunity for a public hearing before it adopts a rule or amendment if a hearing is requested by: (1) at least twenty-five (25) persons; (2) a state or federal governmental subdivision or agency; or (3) an association having at least twenty…

Sec. 9. (a) If a hearing is held on the proposed rule or amendment, the commission shall publish the place, time, and date of the scheduled public hearing. If the hearing is held via electronic means, the commission shall publish the mechanism for access to the electronic hearing…

Sec. 1. As used in this chapter, "applicant" means a person who applies for: (1) an unlimited license, certificate, registration, or permit; (2) a limited or probationary license, certificate, registration, or permit; (3) a temporary license, certificate, registration, or permit;…

Sec. 2. As used in this chapter, "board" means an entity that regulates occupations or professions under this title and the department of education as established by IC 20-19-3-1. As added by P.L.133-1995, SEC.19. Amended by P.L.1-2005, SEC.191; P.L.246-2005, SEC.210.

Sec. 3. As used in this chapter, "bureau" means the child support bureau established by IC 31-25-3-1. As added by P.L.133-1995, SEC.19. Amended by P.L.145-2006, SEC.157.

Sec. 4. As used in this chapter, "delinquent" means at least: (1) two thousand dollars ($2,000); or (2) three (3) months; past due on payment of court ordered child support. As added by P.L.133-1995, SEC.19. Amended by P.L.23-1996, SEC.18.

Sec. 5. As used in this chapter, "license" has the meaning set forth in IC 25-1-2-6. As added by P.L.133-1995, SEC.19.

Sec. 6. As used in this chapter, "practitioner" means a person that holds: (1) an unlimited license, certificate, registration, or permit; (2) a limited or probationary license, certificate, registration, or permit; (3) a temporary license, certificate, registration, or permit; o…

Sec. 7. (a) Upon receiving an order of a court issued under IC 31-16-12-8 (or IC 31-1-11.5-13(k), IC 31-6-6.1-16(k), or IC 31-14-12-5 before their repeal), the board shall: (1) suspend the license of the practitioner; or (2) deny the application of the applicant; who is the subje…

Sec. 8. (a) The board shall, upon receiving an order from the bureau under IC 31-25-4-32(e) or IC 31-25-4-34(b), place on probationary status any license issued by the board and held by the person who is the subject of the order. The board shall send the practitioner a notice tha…

Sec. 1. (a) This chapter applies to an individual who: (1) holds a license, certificate, registration, or permit under this title, IC 16, or IC 22; and (2) is called to active duty. (b) This chapter applies to all individuals who: (1) hold a license, certificate, registration, or…

Sec. 2. As used in this chapter, "active duty" means full-time service in the: (1) armed forces of the United States; or (2) national guard; for a period that exceeds thirty (30) consecutive days in a calendar year. As added by P.L.88-2004, SEC.2.

Sec. 3. As used in this chapter, "armed forces of the United States" means the active or reserve components of the: (1) United States Army; (2) United States Navy; (3) United States Air Force; (4) United States Coast Guard; (5) United States Marine Corps; (6) United States Space …

Sec. 4. As used in this chapter, "national guard" means: (1) the Indiana army national guard; or (2) the Indiana air national guard. As added by P.L.88-2004, SEC.2.

Sec. 5. As used in this chapter, "practitioner" means an individual who holds: (1) an unlimited license, certificate, or registration; (2) a limited or probationary license, certificate, or registration; (3) a temporary license, certificate, registration, or permit; (4) an intern…

Sec. 6. (a) Notwithstanding any other law, a practitioner who is called to active duty out of state and meets the requirements of subsection (b) is entitled to an extension of time described in subsection (c) to: (1) renew; and (2) complete the continuing education required by; t…

Sec. 7. Any late fees that may be assessed against a practitioner in connection with a renewal under this chapter are waived. As added by P.L.88-2004, SEC.2.

Sec. 8. This chapter may not be construed as a restriction or limitation on any of the rights, benefits, and protections granted to a member of: (1) the armed forces of the United States; or (2) the national guard; under federal law. As added by P.L.88-2004, SEC.2.

Sec. 1. As used in IC 25-1-11, "board" means any of the entities described in this chapter. As added by P.L.3-2014, SEC.5.