WILLIAM DONALD SCHAEFER, Governor Ch. 594
15.5-206.

THE EXECUTIVE DIRECTOR SHALL:

(1) KEEP A RECORD OF EACH ACT, COMMUNICATION, AND
PROCEEDING OF THE COMMISSION; AND

(2) PERFORM ANY OTHER DUTY THAT THE COMMISSION
CONSIDERS APPROPRIATE.

15.5-207.

(A) THE COMMISSION, IN ACCORDANCE WITH THE STATE BUDGET,
MAY EMPLOY:

(1) A GENERAL STAFF; AND

(2) AN INVESTIGATIVE STAFF TO CONDUCT INVESTIGATIONS.

(B) WHILE EMPLOYED BY THE COMMISSION, AN INDIVIDUAL MAY
NOT:

(1) BE LICENSED IN ANY STATE AS A REAL ESTATE
APPRAISER;

(2) ENGAGE IN ANY ACT FOR WHICH A LICENSE IS REQUIRED
UNDER THIS TITLE; OR

(3) IN CONNECTION WITH ANY REAL ESTATE APPRAISAL
TRANSACTION, DIRECTLY OR INDIRECTLY RECEIVE OR BECOME
ENTITLED TO RECEIVE ANY COMPENSATION, FEE, OR PERQUISITE.

15.5-208.

(A) TO PROTECT THE INTERESTS OF THE PUBLIC, THE COMMISSION
SHALL PROMPTLY ADOPT, BY REGULATION, APPRAISAL STANDARDS OF
CONDUCT FOR ALL INDIVIDUALS LICENSED OR CERTIFIED UNDER THIS
TITLE, INCLUDING STANDARDS REGARDING CONFLICTS OF INTEREST
AND ETHICAL CONDUCT.

(B) THE COMMISSION SHALL PROMPTLY ADOPT AT A MINIMUM THE
UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE OF THE
APPRAISAL FOUNDATION TO MEET THE REQUIREMENT UNDER
SUBSECTION (A) OF THIS SECTION.

(C) AT LEAST ONCE EVERY 2 YEARS, THE COMMISSION SHALL
PROVIDE A COPY OF THE APPRAISAL STANDARDS IT ADOPTS TO EACH
LICENSED REAL ESTATE APPRAISER.

15.5-209.

(A) (1) THE COMMISSION SHALL ADMINISTER AND ENFORCE THE
PROVISIONS OF THIS TITLE.

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