KRS 324A.020: Powers and duties of board -- Executive director.
Where this section sits in the code
- KRS Chapter 324A
(1) The board shall have authority to promulgate administrative regulations in
accordance with KRS Chapter 13A, have subpoena power, hold disciplinary
hearings, conduct examinations, conduct educational seminars that are not
applicable to continuing education hours, investigate allegations of wrongdoing
under this chapter, seek and obtain injunctive relief to enforce the provisions of
KRS 324A.010 to 324A.100, provide a list of certified appraisers to the Appraisal
Subcommittee of the Federal Financial Institut ions Examination Council, and
perform other functions and duties as may be necessary in carrying out KRS
324A.010 to 324A.100.
(2) (a) The board shall investigate every alleged violation of this chapter coming to
its notice by the complaint procedure in KR S 324A.052 and shall take action
as it deems appropriate within its authority under this chapter.
(b) 1. The Attorney General, Commonwealth's attorneys, and county attorneys
shall assist the board in all actions relating to violations of this chapter
as requested by the board.
2. The board may refer violations of this chapter to the Attorney General,
Commonwealth's attorneys, and county attorneys to institute criminal or
civil proceedings in the name of the Commonwealth for a violation of
this chapter.
(3) (a) The board may:
1. Employ an executive director and any other persons it deems necessary
to carry on the work of the board, and shall prescribe their duties and fix
their salaries; and
2. Obtain office space, utilities, furniture, supplies, and other go ods and
services as it deems necessary to carry on the work of the board.
(b) Each executive director assumi ng office on or after July 15, 2026, shall be a
certified general or residential real property appraiser and shall not have less
than ten (10) years of experience as an appraiser within the Commonwealth.
(4) The board may utilize hearing officers provided by the Attorney General's office in
accordance with KRS 13B.030.
(5) (a) The board or its authorized agents may give a licensed or certified appraiser
advice on best practices management.
(b) Notwithstanding any other provision of law to the contrary, lega l action shall
not arise from any advice given relating to best practices management by the
board or its authorized agents.
Collected 2026-09-05T20:58:20Z. Source file · JSON