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Section 47-14-11 - Controlling person requirements — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 47-14-11 - Controlling person requirements

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In order to serve as a controlling person of an appraisal management company, a person shall: A. certify to the board that the person has never had a certificate or a license issued by the board of this state, or the board of any other state, to act as an appraiser refused, denied, canceled or revoked; B. be of good moral character, as determined by the board; and C. submit to a background investigation, as determined by the board. History: Laws 2009, ch. 214, § 11. ANNOTATIONSEffective dates. — Laws 2009, ch. 214 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 19, 2009, 90 days after the adjournment of the legislature.