Okla. Stat. tit. 59, § 59-858-705
This is the official text of Okla. Stat. tit. 59, § 59-858-705, part of Oklahoma’s Stat. tit. 59, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 59,." Browse the sections below, each linked to its official government source.
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Real Estate Appraiser Board - Members - Appointment -
Official statutory text
Qualifications - Terms - Removal - Meetings - Chairperson - Quorum.
A. There is hereby established as an adjunct to the Department
an independent Real Estate Appraiser Board which shall consist of
seven (7) regular members and one ex officio member. The ex officio
member shall be the Insurance Commissioner. The seven regular
members shall be as follows: one from the commercial banking
industry; one of whom shall be a layperson; one of whom shall be in
the real estate sales industry; and four of whom shall be real
estate appraisers with no nationally recognized real estate
appraisal organization having more than two members on the Board.
B. The Governor shall appoint the members of the Real Estate
Appraiser Board.
C. Each real estate appraiser member of the Board appointed
after July 1, 1991, or within twenty-four (24) months of the
effective date of this act, whichever occurs first, must be a state
licensed, state certified residential or state certified general
real estate appraiser.
D. The term of each member shall be five (5) years; except that
of the members first appointed, two shall serve for one (1) year,
two shall serve for two (2) years, one shall serve for three (3)
years, one shall serve for four (4) years, and one shall serve for
five (5) years.
E. Members of the Board shall hold office until the appointment
and qualification of their successors. No person shall serve as a
member of the Board for more than two consecutive terms. The
Governor may remove a member for inefficiency, neglect of duty, or
malfeasance in office. The member shall be given notice and an
opportunity to be heard prior to removal.
F. The Board shall meet at least once each calendar quarter to
conduct its business. Written notice shall be given to each member
of the time and place of each meeting of the Board at least ten (10)
days before the scheduled date of the meetings.
G. The members of the Board shall elect a vice-chairperson from
among the members to preside at Board meetings when the chairperson
is absent.
H. A quorum of the Board shall be five members.
A. There is hereby established as an adjunct to the Department
an independent Real Estate Appraiser Board which shall consist of
seven (7) regular members and one ex officio member. The ex officio
member shall be the Insurance Commissioner. The seven regular
members shall be as follows: one from the commercial banking
industry; one of whom shall be a layperson; one of whom shall be in
the real estate sales industry; and four of whom shall be real
estate appraisers with no nationally recognized real estate
appraisal organization having more than two members on the Board.
B. The Governor shall appoint the members of the Real Estate
Appraiser Board.
C. Each real estate appraiser member of the Board appointed
after July 1, 1991, or within twenty-four (24) months of the
effective date of this act, whichever occurs first, must be a state
licensed, state certified residential or state certified general
real estate appraiser.
D. The term of each member shall be five (5) years; except that
of the members first appointed, two shall serve for one (1) year,
two shall serve for two (2) years, one shall serve for three (3)
years, one shall serve for four (4) years, and one shall serve for
five (5) years.
E. Members of the Board shall hold office until the appointment
and qualification of their successors. No person shall serve as a
member of the Board for more than two consecutive terms. The
Governor may remove a member for inefficiency, neglect of duty, or
malfeasance in office. The member shall be given notice and an
opportunity to be heard prior to removal.
F. The Board shall meet at least once each calendar quarter to
conduct its business. Written notice shall be given to each member
of the time and place of each meeting of the Board at least ten (10)
days before the scheduled date of the meetings.
G. The members of the Board shall elect a vice-chairperson from
among the members to preside at Board meetings when the chairperson
is absent.
H. A quorum of the Board shall be five members.
Status: in_force · Read it on the official government site
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