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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

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

Proposed rule

Additional Information
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
Is this rule adopted in response to recent legislation? No
Contact Name Martha Torres-Recinos
Contact Title Rulemaking Administrator
Contact Telephone 303-894-2359
Contact email martha.torres-recinos@state.co.us

Adopted rule

Adopted Rules AdoptedRules02016-00023.RTF
Redline Redline2016-00023.rtf
Emergency Justification EmergencyJustificationPathAttach2016-00023.rtf
Adopted Date 01/07/2016
Emergency AGO requested date 01/07/2016
Attorney General Opinion 01/26/2016
Colorado Register publication date 02/10/2016
Effective Date 01/07/2016
Inserted into CCR 01/28/2016