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Code of Colorado Regulations eDocket
Details of Tracking Number
2016-00023
CCR details
| Tracking Number |
2016-00023 |
| Type of Filing |
Emergency |
| Department |
700 Department of Regulatory Agencies |
| Agency |
725 Division of Real Estate |
| CCR Number |
4 CCR 725-2 |
| CCR Title |
RULES OF THE COLORADO BOARD OF REAL ESTATE APPRAISERS |
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Proposed rule
| Rule |
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| Additional Information |
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| Statutory Authority |
The statutory basis for the rules titled Rules of the Board of Real Estate Appraisers is Part 7 of Title 12, Article 61, Colorado Revised Statutes, as amended. |
| Purpose/Objective of Rule |
The Board of Real Estate Appraisers finds that immediate adoption of this emergency rule is imperatively necessary to comply with state and federal law, and that compliance with the rulemaking requirements of § 24-4-103, C.R.S., applicable to non-emergency rules, would be contrary to the public interest. The Board has the duty to promulgate rules as required to comply with the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended (“FIRREA”). § 12-61-704(1)(a)(I), C.R.S. Under FIRREA, states must recognize and enforce the most current version of USPAP. 12 U.S.C. §§ 3331 and 3347.
It is imperatively necessary that the Board adopts, and incorporates the revised version of USPAP; which includes the definitions, preamble, rules, and standards (including standards rules) on an emergency basis. |
| Submitted in response to issues raised by COLS/OLLS? |
No
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| Is this rule adopted in response to recent legislation? |
No
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| Contact Name |
Martha Torres-Recinos |
| Contact Title |
Rulemaking Administrator |
| Contact Telephone |
303-894-2359 |
| Contact email |
martha.torres-recinos@state.co.us |
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Adopted rule
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