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Section 34-27A-4

Real Estate Appraisers Board; established; members; terms; meetings; chairperson; per diem allowance.

There is hereby established the Alabama Real Estate Appraisers Board. The board shall consist of nine members, two of whom shall be qualified individuals from the general public and seven of whom shall be real estate appraisers; two of said nine board members shall be of a minority race. The Governor shall appoint the members of the Real Estate Appraisers Board. One appraiser member shall be appointed from each United States Congressional District in this state. The term of each board member shall be three years; except that, of the members first appointed, three shall serve three years, three shall serve two years and three shall serve for one year. Notwithstanding the foregoing, and notwithstanding the method of electing a chairperson specified below, if the Financial Institutions Reform, Recovery and Enforcement Act of 1989, Pub. L. No. 101-73, Title XI - Real Estate Appraisal Reform Amendments and any amendment thereto or regulations issued thereunder - prohibit the board from consisting of a majority of real estate appraisers, or require a different method of selecting a chairperson; then the board shall consist of five or more qualified individuals from the general public and four or fewer real estate appraisers, the number of each to be determined by the Governor and to comply with Pub. L. No. 101-73 and regulations thereunder, but not to exceed a total of nine members, and the chairperson shall be selected as required by Pub. L. No. 101-73 and regulations thereunder. In such event, the existing appraiser members with the shortest remaining terms shall vacate their positions as necessary to achieve the composition of the new board, and if it becomes necessary to vacate a position held by two or more appraiser members with equivalent terms, the Governor shall determine which appraiser member shall vacate the position. Upon expiration of their terms, members of the board shall continue to hold office until the appointment and qualifications of their successors and confirmation by the state Senate. No person shall serve as a member of the board for more than two consecutive terms. The appointing authority may remove a board member for cause. The public members of the board and spouses of said members shall not be engaged in the practice of real estate appraising. The board shall meet at least once each calendar quarter to conduct its business. Places of future meetings shall be decided by the vote of the members at meetings. Written notice shall be given to each member of the time and place of each meeting of the board at least 10 days before the scheduled date of the meetings. The members of the board shall elect a chairperson from among the members to preside at board meetings. A quorum of the board shall consist of five board members with at least four of such members being appraiser members. Each member of the board shall be entitled to a per diem allowance on board meeting days as authorized by the board, not to exceed the current per diem allowance for state employees. The board shall be independent, separate and distinct from any agency, person, or other state official whose responsibilities include licensing real estate brokers, real estate salesmen, or real estate companies.

(Acts 1990, No. 90-639, p. 1175, §4.)



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