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24.207.2305    UNPROFESSIONAL CONDUCT FOR APPRAISAL MANAGEMENT COMPANIES

(1) In addition to the provisions of 37-1-316 and 37-54-519, MCA, the following are also considered unprofessional conduct for appraisal management companies:

(a) failing to comply with any law or rule governing the conduct of an appraisal management company;

(b) failing to provide information requested by the board or its designee in relation to an audit, investigation, or complaint;

(c) violating any of the appraiser independence prohibitions found in 37-54-514, MCA; or

(d) failing to provide to an appraiser a copy of a client's or end-user's policy restricting use of trainees or interoffice transfers.

 

History: 37-1-131, 37-1-136, 37-1-319, 37-54-105, MCA; IMP, 37-1-131, 37-1-137, 37-1-307, 37-1-312, 37-1-316, 37-1-319, 37-54-105, 37-54-512, 37-54-514, MCA; NEW, 2014 MAR p. 3064, Eff. 12/25/14; AMD, 2016 MAR p. 217, Eff. 2/6/16; AMD, 2019 MAR p. 53, Eff. 1/12/19.

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