2004 Minnesota Statutes

     82B.05 Real Estate Appraiser Advisory Board. 

    Subdivision 1.    Members.  The Real Estate Appraiser 
 Advisory Board consists of 15 members appointed by the 
 commissioner of commerce.  Three of the members must be public 
 members, four must be consumers of appraisal services, and eight 
 must be real estate appraisers of whom not less than two members 
 shall be registered real property appraisers, licensed real 
 property appraisers, or certified residential real property 
 appraisers and not less than two members shall be certified 
 general real property appraisers.  The board is governed by 
 section 15.0575. 

    Subd. 2. Repealed, 1991 c 97 s 17 

    Subd. 3.    Terms.  The term of office for members is 
 three years. 

    Upon expiration of their terms, members of the board shall 
 continue to hold office until the appointment and qualification 
 of their successors.  No person may serve as a member of the 
 board for more than two consecutive terms.  The commissioner may 
 remove a member for cause. 

    Subd. 4.    Practice of public members prohibited.  The 
 public members of the board may not be engaged in the practice 
 of real estate appraising. 

    Subd. 5.    Conduct of meetings.  Places of regular 
 board meetings must be decided by the vote of members.  Written 
 notice must be given to each member of the time and place of 
 each meeting of the board at least ten days before the scheduled 
 date of regular board meetings.  The board shall establish 
 procedures for emergency board meetings and other operational 
 procedures, subject to the approval of the commissioner.  

    The members of the board shall elect a chair from among the 
 members to preside at board meetings. 

    A quorum of the board is eight members.  

    The board shall meet as determined by a majority vote of 
 the members or a call of the commissioner. 

    Subd. 6.    Compensation.  Each member of the board is 
 entitled to a per diem allowance of $35 for each meeting of the 
 board at which the member is present and for each day or 
 substantial part of a day actually spent in the conduct of the 
 business of the board, plus all appropriate expenses unless a 
 greater amount is authorized by section 15.0575. 

    HIST: 1989 c 341 art 1 s 5; 1991 c 97 s 3; 1992 c 363 art 1 s 
 2; 1993 c 309 s 24,31; 2001 c 161 s 16