Amend the bill, as and if amended, by striking all after the enacting words and inserting:
/SECTION 1. Section 40-60-330(B)(11) of the 1976 Code is amended to read:
"(11) a detailed statement of current financial condition of the entity on a form approved by the board or a surety bond in an amount not to exceed fifty thousand dollars, whichever the registering appraisal management company selects;"
SECTION 2. Section 40-1-70 of the 1976 Code is amended by adding an appropriately numbered new subsection to read:
"( ) filing claims against any surety bond on a form approved by a board and in accordance with procedures established by the board in regulation."
SECTION 3. This act takes effect upon approval by the Governor. /
Renumber sections to conform.
Amend title to conform.