Montana § 37-54-505 Employee Requirements

Montana Statutes

§ 37-54-505 — Employee Requirements

Montana·Title 37 PROFESSIONS AND OCCUPATIONS·Ch. 54 REAL ESTATE APPRAISERS·Part 5 Appraisal Management Companies

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 subseq

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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.

Montana § 37-54-505 (Employee Requirements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.