§ 5-20.9-14. Prohibited practices.
An appraisal management company registered in this state shall not:
(a) Require an independent fee appraiser to collect the appraisal fee from a borrower,
homeowner, or other person;
(b) Require an independent fee appraiser to provide the company with the appraiser's digital
signature;
(c) Alter, amend, or change an appraisal report submitted by an independent fee appraiser
in any fashion, including removing the appraiser's signature or adding information
to or removing information from the report;
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§ 5-20.9-14. Prohibited practices.
An appraisal management company registered in this state shall not:
(a) Require an independent fee appraiser to collect the appraisal fee from a borrower,
homeowner, or other person;
(b) Require an independent fee appraiser to provide the company with the appraiser's digital
signature;
(c) Alter, amend, or change an appraisal report submitted by an independent fee appraiser
in any fashion, including removing the appraiser's signature or adding information
to or removing information from the report;
(d) Transmit an appraisal to the appraisal management company's client if the appraisal
has been altered in any fashion after it was transmitted to the appraisal management
company; or
(e) Require an independent fee appraiser to sign any indemnification agreement that would
require the independent fee appraiser to defend and hold harmless the appraisal management
company or any of its agents, employees, or independent contractors for any liability,
damage, losses, or claims arising out of the services performed by the appraisal management
company.