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    AI News Releases May 16, 2023

    AI Board of Directors Adopts 45-Day Notice Item During May Meeting

    The Appraisal Institute Board of Directors voted to adopt one 45-Day Notice item during its May 11-12 meeting in Chicago.   
    The 45-Day Notice item addresses proposed amendments to AI Bylaws and Regulation Nos. 7, 8 and 9 regarding the continuing education 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, SRA, to serve a third consecutive term as Alaska Chapter president in 2024.  
    • Approved the appointment of Lindsey M. Willis, MAI, AI-GRS, to the Education Committee for a term running through Dec. 31, 2023. 
    The Appraisal Institute also held its Statutory Annual Membership Meeting. 
    The next Appraisal Institute Board meeting is scheduled for Aug. 10-11.