The commissioner of commerce shall make the first appointments to the Real Estate Appraisal Advisory Board by September 1, 2018. The commissioner of commerce shall convene the first meeting of the Real Estate Appraisal Advisory Board under Minnesota Statutes, section 82B.073, by November 1, 2018. All other meetings shall be convened in accordance with Minnesota Statutes, section 82B.073, subdivision 4.
The commissioner shall provide a quarterly report to the board that includes a summarized list of: appraisal courses and seminars that were not approved for continuing education credit and the reason for the denial; and public disciplinary actions taken by the commissioner against a real estate appraiser.
The board expires January 1, 2030.