Okla. Stat. tit. 59, § 59-858-804
This is the official text of Okla. Stat. tit. 59, § 59-858-804, 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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Application for registration
Official statutory text
Oklahoma Statutes - Title 59. Professions and Occupations Page 781
A. It is unlawful for a person to directly or indirectly engage
or to attempt to engage in business as an AMC, to directly or
indirectly perform or to attempt to perform appraisal management
services, or to advertise or hold itself out as engaging in or
conducting business as an AMC without first obtaining a registration
issued by the Oklahoma Real Estate Appraiser Board under the
provisions of the Oklahoma Appraisal Management Company Regulation
Act.
B. The application for the registration required by subsection
A of this section shall be on a form approved by the Board and
shall, at a minimum, include the following information:
1. Legal name and any other trade or business name of the
entity seeking registration;
2. Mailing and physical addresses of the entity seeking
registration;
3. Telephone, email, website, and facsimile contact information
of the entity seeking registration;
4. If the entity is a corporation that is not domiciled in this
state, the name and contact information for the entity's agent for
service of process in this state;
5. If the entity is a corporation, limited liability company,
or partnership that is not domiciled in this state, proof that the
entity is properly and currently registered with the Office of the
Secretary of State;
6. The name, mailing and physical addresses, and contact
information for any person that owns the AMC;
7. The name, mailing and physical addresses, and contact
information for all named controlling persons;
8. A certification that the entity has a system and process in
place to verify that a person being added to the appraiser panel of
the AMC for appraisal services being performed in Oklahoma holds a
credential in good standing in this state pursuant to the Oklahoma
Certified Real Estate Appraisers Act and the rules promulgated
thereunder if a license or certification is required to perform
appraisals, pursuant to Section 858-817 of this title;
9. A certification that the entity has a system in place to
review the work of a statistically significant number of appraisal
reports submitted by each appraiser who is performing real estate
appraisal services for the AMC within Oklahoma on a periodic basis
to validate that the real estate appraisal services are being
conducted in accordance with USPAP and the Oklahoma Certified Real
Estate Appraisers Act and the rules promulgated thereunder;
10. A certification that the entity maintains a detailed record
of each service request that it receives and the appraiser that
performs real estate appraisal services for the AMC, pursuant to
Section 858-819 of this title;
Oklahoma Statutes - Title 59. Professions and Occupations Page 782
11. An irrevocable Uniform Consent to Service of Process,
pursuant to Section 858-807 of this title; and
12. Any other information reasonably required by the Board to
evaluate compliance with the application requirements in the
Oklahoma Appraisal Management Company Regulation Act.
A. It is unlawful for a person to directly or indirectly engage
or to attempt to engage in business as an AMC, to directly or
indirectly perform or to attempt to perform appraisal management
services, or to advertise or hold itself out as engaging in or
conducting business as an AMC without first obtaining a registration
issued by the Oklahoma Real Estate Appraiser Board under the
provisions of the Oklahoma Appraisal Management Company Regulation
Act.
B. The application for the registration required by subsection
A of this section shall be on a form approved by the Board and
shall, at a minimum, include the following information:
1. Legal name and any other trade or business name of the
entity seeking registration;
2. Mailing and physical addresses of the entity seeking
registration;
3. Telephone, email, website, and facsimile contact information
of the entity seeking registration;
4. If the entity is a corporation that is not domiciled in this
state, the name and contact information for the entity's agent for
service of process in this state;
5. If the entity is a corporation, limited liability company,
or partnership that is not domiciled in this state, proof that the
entity is properly and currently registered with the Office of the
Secretary of State;
6. The name, mailing and physical addresses, and contact
information for any person that owns the AMC;
7. The name, mailing and physical addresses, and contact
information for all named controlling persons;
8. A certification that the entity has a system and process in
place to verify that a person being added to the appraiser panel of
the AMC for appraisal services being performed in Oklahoma holds a
credential in good standing in this state pursuant to the Oklahoma
Certified Real Estate Appraisers Act and the rules promulgated
thereunder if a license or certification is required to perform
appraisals, pursuant to Section 858-817 of this title;
9. A certification that the entity has a system in place to
review the work of a statistically significant number of appraisal
reports submitted by each appraiser who is performing real estate
appraisal services for the AMC within Oklahoma on a periodic basis
to validate that the real estate appraisal services are being
conducted in accordance with USPAP and the Oklahoma Certified Real
Estate Appraisers Act and the rules promulgated thereunder;
10. A certification that the entity maintains a detailed record
of each service request that it receives and the appraiser that
performs real estate appraisal services for the AMC, pursuant to
Section 858-819 of this title;
Oklahoma Statutes - Title 59. Professions and Occupations Page 782
11. An irrevocable Uniform Consent to Service of Process,
pursuant to Section 858-807 of this title; and
12. Any other information reasonably required by the Board to
evaluate compliance with the application requirements in the
Oklahoma Appraisal Management Company Regulation Act.
Status: in_force · Read it on the official government site
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