201 KAR 30:310. Fees for registration of
appraisal management companies.
RELATES TO: KRS 324A.152(4)(b), (7),
STATUTORY AUTHORITY: KRS 324A.152(8), 324A.154(1)
NECESSITY, FUNCTION, AND CONFORMITY: KRS
324A.154(1) requires the board to establish by administrative regulation the fees
for registration of appraisal management companies. This administrative
regulation establishes the fees for registration of appraisal management
companies and renewal of the registration.
Section 1. Fee schedule. (1) The initial
application fee shall be $2,000.
(2) An annual renewal fee shall be $2,000.
(3) A reinstatement fee shall be $2,000
in addition to the penalty provided for in KRS 324A.152(7).
(4) Any dishonored or returned check
shall incur the cost of collection plus twenty-five (25) dollars. (38 Ky.R.
420; 989; 1298; eff. 2-3-12.)