Sec.20-529e-5. Record keeping

(a) The certification of recordkeeping required to be filed by an appraisal management company upon registration with the department pursuant to section 20-529 of the Connecticut General Statutes and annually thereafter pursuant to section 20-529a(a) of the Connecticut General Statutes shall be signed by its designated controlling person and shall contain:

(1) A description of the appraisal management company’s system for maintaining required records, including the name of the record’s custodian and all locations where such records are kept; and

(2) A list of all appraisal assignments given by the appraisal management company that have been accepted during the relevant period, together with the names of the individual appraisers or entities who accepted each assignment and the individual appraiser who signed the corresponding appraisal report.

(b) Records required to be maintained pursuant to section 20-529a(a) of the Connecticut General Statutes may be kept in an electronic format approved by the department.

(Effective November 10, 2015)