Montana Statutes
§ 37-54-502 — Registration Exemptions
Montana·Title 37 PROFESSIONS AND OCCUPATIONS·Ch. 54 REAL ESTATE APPRAISERS·Part 5 Appraisal Management Companies
37-54-502 . Registration exemptions.
(1)The provisions of this chapter do not apply to a person who exclusively employs appraisers on an employer-employee basis for the performance of an appraisal assignment.
(2)An appraisal management company that is a subsidiary owned and controlled by a financial institution that is regulated by a federal financial institution regulatory agency is not required to register with the board but shall comply with all provisions of this chapter, as long as the provisions of this chapter do not conflict with federal law related to the operation of an appraisal management company in this state.
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Legislative History
En. Sec. 4, Ch. 270, L. 2011.
Nearby Sections
15
§ 37-54-101
Short Title§ 37-54-102
Definitions§ 37-54-103
And 37-54-104 Reserved§ 37-54-105
Powers And Duties Of Board§ 37-54-106
Through 37-54-109 Reserved§ 37-54-110
Repealed§ 37-54-111
Certificate Of Good Standing§ 37-54-112
Deposit Of Fees§ 37-54-113
Registry Fees -- Statutory Appropriation§ 37-54-202
Qualifications For Licensure§ 37-54-203
Repealed§ 37-54-204
Through 37-54-209 Reserved§ 37-54-210
Repealed§ 37-54-211
Repealed