The Appraisal Institute (AI) Board of Directors voted to adopt one 45-Day Notice item during its May 11-12 meeting in Chicago, AI announced on its website.

The 45-Day Notice item addresses proposed amendments to AI Bylaws and Regulation Nos. 7, 8 and 9 regarding the continuing education (CE) program requirement for service as set forth in the 45-Day Notice distributed to designated members, candidates, practicing affiliates and affiliates on March 27.

 The Board also:

• Directed to a second 45-day notice proposed amendments to the bylaws and regulation No. 4 regarding life membership with additional background and rationale.
• Directed to 45-day notice proposed amendments to regulation Nos. 2 and 3 regarding residential and residential review experience requirements.
• Directed to 45-day notice proposed amendments to regulation No. 10 related to designated member CE cycles.
• Voted to establish a region project team to review regulation No. 9.
• Voted to amend the criteria for the “Women’s Initiative SPOTLIGHT” award.
• Voted for the admissions and designation qualifications committee to review annual income eligibility for practicing semi-retired designated member status.
• Voted to provide an electronic copy of Robert’s Rules of Order to third regional directors.
• Voted to approve Michael Strong to serve a third consecutive term as Alaska chapter president in 2024.
• Approved the appointment of Lindsey Willis to the education committee for a term running through Dec. 31.

The Appraisal Institute also held its Statutory Annual Membership meeting.