{"data":{"id":"us-ak/as-08.87.130","jurisdiction":"us-ak","citation":"AS 08.87.130","heading":"Registration required.","body":"(a) A person shall register as a real estate appraisal management company with the board to perform appraisal management services if the person\n(1) provides an appraisal management service\n(A) to a creditor or secondary mortgage market participant, including an affiliate; and\n(B) in connection with valuing a borrower's principal dwelling as security for a consumer credit transaction or incorporating consumer credit transactions into a securitization; and\n(2) oversees an appraiser panel.\n(b) A person is guilty of a class B misdemeanor if the person engages in business as or holds out as a real estate appraisal management company, or performs or attempts to perform appraisal management services, at a time when the\n(1) person does not hold a registration issued by the board; or\n(2) registration issued by the board to the person is suspended, revoked, lapsed, or surrendered.","path":["Title 8. Business and Professions.","Chapter 87. Real Estate Appraisers.","Article 3. Real Estate Appraisal Management Companies."],"source_url":"https://www.akleg.gov/basis/statutes.asp#08.87.130","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:30Z","sha256":"ab6d364c71a9a6733af59f44f93ebedea48e4b0ec2b3f73403e7eb5179e6921e","source_id":"us-ak","stale":false,"prev":"us-ak/as-08.87.120","next":"us-ak/as-08.87.135"},"notice":"GroundRules: Original legal text. Not legal advice."}
