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Code · Utah · Title 61 — Securities Division - Real Estate Division · Chapter 2E

61-2e-306. Removal of appraiser from appraisal panel.

167 words·~1 min read·/ut/title-61/chapter-2e/61-2e-306

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Effective 5/12/2020
61-2e-306. Removal of appraiser from appraisal panel.
(1)An appraisal management company may not remove the appraiser from the appraisal management company's appraiser panel, or otherwise refuse to assign a request for a real estate appraisal activity to the appraiser without:
(a)notifying the appraiser in writing of:
(i)the reason why the appraiser is being removed from the appraiser panel of the appraisal management company; and
(ii)the nature of the alleged conduct or violation if the appraiser is being removed from the appraiser panel for:
(A)illegal conduct; or
(B)a violation of the applicable appraisal standards; and
(b)providing an opportunity for the appraiser to respond to the notification under Subsection (1)(a) .
(2)The board, with the concurrence of the division, may establish by rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act , requirements consistent with this section regarding the removal of an appraiser from an appraisal panel.
Amended by Chapter 72 , 2020 General Session
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