R4-46-401. Application for Initial Registration

A. Unless exempt under A.R.S. § 32-3663 or 12 USC § 3353(c), a person shall not engage in business as an AMC and shall not provide any appraisal management services unless registered with the Department. B. To register under subsection (A), a person shall submit: 1. A registration application, which is available from the Department and on its website, and provide the information and certifications required under A.R.S. § 32- 3662(B); 2. The name and contact information of the controlling person who will be the main contact for all communication between the Department and the AMC; 3. For the controlling person, each officer, and each individual who owns 10% or more of the AMC: a. A copy of a fingerprint clearance card application under A.R.S. § 41-1758.03, and b. The certification required under A.R.S. §§ 32- 3668(B)(3) or 32-3669(B)(1), as applicable; 4. Proof of the surety bond required under A.R.S. § 32-3667 and R4-46-402; and 5. The application fee specified under R4-46-106. C. If an AMC operates in Arizona under more than one name, other than a DBA, the controlling person of the AMC shall ensure that a complete application, as described in subsection (B), is submitted in each name under which the AMC will operate. However, if an individual previously submitted a copy of a valid fingerprint clearance card application under subsection (B), the individual is not required to resubmit the fingerprint clearance card unless the card has expired, or is suspended, or cancelled.