Text: SF00118                           Text: SF00120
Text: SF00100 - SF00199                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

Senate File 119

Partial Bill History

Bill Introduced: S.J. 221
Committee Report Issued: S.J. 223 H.J. 872
Passed House: H.J. 1112
Passed Senate: S.J. 495
Signed by Governor: S.J. 1049
Complete Bill History

Bill Text

PAG LIN
  1  1                                           SENATE FILE 119
  1  2  
  1  3                             AN ACT
  1  4 RELATING TO REAL ESTATE APPRAISER CERTIFICATION.  
  1  5 
  1  6 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  7 
  1  8    Section 1.  Section 543D.7, subsection 2, Code 2003, is
  1  9 amended by striking the subsection.
  1 10    Sec. 2.  Section 543D.19, subsection 1, Code 2003, is
  1 11 amended to read as follows:
  1 12    1.  A certified real estate appraiser shall retain for
  1 13 three five years, originals or true copies of all written
  1 14 contracts engaging the appraiser's services for real estate
  1 15 appraisal work and all reports and supporting data assembled
  1 16 and formulated for use by the appraiser or the associate
  1 17 appraiser in preparing the reports.
  1 18    Sec. 3.  Section 543D.19, subsection 2, Code 2003, is
  1 19 amended by striking the subsection and inserting in lieu
  1 20 thereof the following:
  1 21    2.  An appraiser must retain all work files for a period of
  1 22 at least five years after preparation or at least two years
  1 23 after final disposition of any judicial proceeding in which
  1 24 testimony was given, whichever period expires last, and either
  1 25 maintain custody of the appraiser's work file or make
  1 26 appropriate work file retention, access, and retrieval
  1 27 arrangements with a party having custody of the work file.  
  1 28 
  1 29 
  1 30                                                             
  1 31                               MARY E. KRAMER
  1 32                               President of the Senate
  1 33 
  1 34 
  1 35                                                             
  2  1                               CHRISTOPHER C. RANTS
  2  2                               Speaker of the House
  2  3 
  2  4    I hereby certify that this bill originated in the Senate and
  2  5 is known as Senate File 119, Eightieth General Assembly.
  2  6 
  2  7 
  2  8                                                             
  2  9                               MICHAEL E. MARSHALL
  2 10                               Secretary of the Senate
  2 11 Approved                , 2003
  2 12 
  2 13 
  2 14                                
  2 15 THOMAS J. VILSACK
  2 16 Governor

Text: SF00118                           Text: SF00120
Text: SF00100 - SF00199                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

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