37-54-505. Employee requirements.
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/mt/title-37/chapter-54/part-5/37-54-505·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
37-54-505 . Employee requirements. An appraisal management company may not:
(1)employ a person who may have any responsibility in ordering appraisal reports, providing quality control testing for appraisal reports, or communicating with appraisers regarding any potential appraisal report deficiencies who has had a license or certificate to act as an appraiser in any state refused, denied, canceled, revoked, or surrendered in lieu of a pending revocation unless the license or certificate was subsequently granted or reinstated;
(2)enter into an independent contractor arrangement with a person who has had a license or certificate to act as an appraiser in any state refused, denied, canceled, revoked, or surrendered in lieu of a pending revocation unless the license or certificate was subsequently granted or reinstated.