Alaska § 08.87.020 - Powers and duties of board.
Full text of Alaska Alaska Statutes § 08.87.020 — Powers and duties of board., with citation guidance and answers to common questions.
§ 08.87.020. Powers and duties of board.
(a) In addition to the powers and duties conferred on the board by AS 08.01 , the board shall (1) establish the examination specifications for certification as a general real estate appraiser, as a residential real estate appraiser, and as an institutional real estate appraiser;
(2) adopt rules of professional conduct to establish and maintain a high standard of integrity in the real estate appraisal profession;
(3) adopt regulations necessary to carry out the purposes of this chapter, including regulations (A) necessary to comply with the requirements of (i) 12 U.S.C. 3331 — 3355 (Title XI, Financial Institutions Reform, Recovery, and Enforcement Act of 1989), as amended by 12 U.S.C. 5301 — 5641 (Dodd-Frank Wall Street Reform and Consumer Protection Act); the regulations adopted by the board under AS 08.87.110 , 08.87.120, 08.87.135, 08.87.220, and 08.87.310 may not be more stringent than the corresponding minimum requirements for receiving approval of the state's program of certification of real estate appraisers and registration of real estate appraisal management companies under 12 U.S.C. 3331 — 3355 or other federal law ; and
(ii) 15 U.S.C. 1639e (Truth in Lending Act);
(B) establishing registration procedures and standards for a real estate appraisal management company; and
(C) establishing the standards for the real estate appraisal management company's appraiser panel, including panel size and member qualifications; and
(4) report relevant information regarding a real estate appraisal management company's operations, including a disciplinary action under this chapter or a violation of state or federal law, to the Appraisal Subcommittee established under 12 U.S.C. 3310.
(b) The board may (1) examine the records of a real estate appraisal management company operating in the state;
(2) require a real estate appraisal management company to submit reports, information, and documents to the board;
(3) investigate alleged violations of this chapter;
(4) conduct background investigations as provided in AS 08.87.135 (c).
Article 2. Certification.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 08.87.020
What does Alaska Statutes § 08.87.020 cover?
Section 08.87.020 ("Powers and duties of board.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 08.87.020?
A common citation format is "Alaska Statutes § 08.87.020" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 08.87.020 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.