Indiana Code 6-1.1-31.7-4. Revocation of certification
(1) that information given by an appraiser applicant was false; or
Terms Used In Indiana Code 6-1.1-31.7-4
- appraiser: refers to a professional appraiser or a professional appraisal firm that contracts with a county under Indiana Code 6-1.1-31.7-1
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- department: means the department of local government finance. See Indiana Code 6-1.1-31.7-2
(b) If a certification is revoked, any Indiana contract that the appraiser has is void and the contractor may not receive any additional funds under the contract.
(c) An individual at least eighteen (18) years of age who resides in Indiana and any corporation that satisfies the requirements of this chapter and the rules of the department may be certified as an appraiser.
(d) A contract for an appraiser under this chapter must contain a provision specifying that the contract is void if the appraiser’s certification is revoked.
(e) The department may not limit the number of appraisers certified by this chapter so long as the appraiser meets the specifications or standards of the department.
As added by P.L.6-1997, SEC.108. Amended by P.L.90-2002, SEC.233.