Arizona Administrative Code (Last Updated: November 17, 2016) |
Title 4. PROFESSIONS AND OCCUPATIONS |
Chapter 46. DEPARTMENT OF FINANCIAL INSTITUTIONS - REAL ESTATE APPRAISAL DIVISION |
Article 5. COURSE APPROVAL |
Section R4-46-511. Transfer of an Approved Course
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A. A course owner that transfers the proprietary rights to a Super- intendent-approved course shall provide written notice of the transfer to the Department. The course owner shall include in the notice the name of and contact information for the new course owner and the date of the transfer.
B. The new course owner to which the proprietary rights to a Superintendent-approved course are transferred shall attach to the notice required under subsection (A) a certification, using a form available from the Department and on its web site, that the new course owner:
1. Will adhere to the requirements in this Article, and
2. Will be responsible for the actions of all secondary pro- viders who have an agreement under R4-46-507.
C. If proprietary rights to a Superintendent-approved course are transferred under this Section, the expiration date of the course approval does not change.
Historical Note
New Section made by final rulemaking at 21 A.A.R.
1675, effective October 6, 2015 (Supp. 15-3).