Sec.12-2b-1. Definitions  


Latest version.
  • As used in these regulations, the following terms have the meaning ascribed to them in this section.

    "Secretary" means the Secretary of the Office of Policy and Management, or his designee.

    "Certification" means the certification of competency issued by the Secretary stating that the company or employee has met the requirements of the certification program.

    "Company" means a revaluation company as defined in Section 12-2c of the General Statutes.

    "Employee" means an individual who is certified in accordance with these regulations.

    "Appraisal foundation" means the not-for-profit corporation referred to in Section 1121 of Title XI of the Financial Institutions Recovery, Reform, and Enforcement Act of 1989.

(Effective October 4, 1985; Amended March 30, 1999)