AN ACT to amend and reenact sections 43-23.5-01, 43-23.5-07, 43-23.5-08, and 43-23.5-15 and subsection 6 of section 43-23.5-21 of the North Dakota Century Code, relating to the regulation of appraisal management companies.

HB 1080 amends specific sections of North Dakota law (43-23.5-01, 43-23.5-07, 43-23.5-08, 43-23.5-15, and 43-23.5-21) governing appraisal management companies (AMCs), which are firms that manage property valuation services for real estate transactions. The bill updates regulatory requirements for these companies but does not specify the exact nature of the changes in the provided abstract. It directly affects AMCs operating in North Dakota and the real estate industry relying on their services. The abstract confirms the bill relates to AMC regulation without detailing the specific policy modifications.