Current through the 2024 Regular Session
Section 73-34-7 - Mississippi Real Estate Appraisal Board(1)(a) There is hereby established a board to be known as the Mississippi Real Estate Appraisal Board, which shall consist of five (5) members.(b) The five (5) members shall be appointed by the Governor, with the advice and consent of the Senate, one (1) from each congressional district as such district existed on July 1, 2004, and one (1) from the state at large. The provisions of this paragraph (b) shall not affect persons who are members of the board as of January 1, 2023. Such member(s) shall serve out their respective terms, upon the expiration of which the provisions of this paragraph (b) shall take effect. Nothing provided herein shall be construed as prohibiting the reappointment of any member of the board.(c) At least two (2) members shall be certified general real estate appraisers and at least two (2) members shall be certified residential real estate appraisers. Not more than two (2) positions on the board shall be filled with appointees who hold membership in the same professional appraisal organization. Each member shall serve for a term of four (4) years. Upon the expiration of a member's term, such member shall continue to serve until the appointment and qualification of a successor. No person shall be appointed as a member of the board for more than three (3) consecutive terms. The Governor may remove an appointed member for cause.(2) The board shall meet not less than twice a calendar year. Written notice shall be given to each member of the time and place of each meeting of the board at least ten (10) days prior to the scheduled date of the meeting.(3) A quorum of the board shall be three (3) voting members, and at least one (1) present member must be a licensed certified general real estate appraiser or a certified residential real estate appraiser. Appointed members of the board are entitled to mileage and actual expenses as authorized by Section 25-3-41 and per diem as provided by Section 25-3-69.(4) The board shall elect a chairman and such other officers as it deems necessary. Such officers shall serve as such for terms established by the board. Laws, 1990, ch. 576, § 4; Laws, 2004, ch. 412, § 1, eff. 7/1/2004. .Amended by Laws, 2023, ch. 501, SB 2673,§ 4, eff. 7/1/2023.