Real Estate Appraiser Licensing and Certification Board rule relating to requirements for registration and renewal of appraisal management companies

SB 399 authorizes West Virginia's Real Estate Appraiser Licensing and Certification Board to establish specific rules for registering and renewing appraisal management companies. This bill directly affects businesses that manage real estate appraisals, requiring them to meet new registration and renewal standards set by the Board. The key mechanism is the Board's authority to create and enforce these rules (under 190 CSR 05), replacing prior rules modified after legislative review. The bill itself does not change the rules but formally permits the Board to implement them.