Rhode Island § 5-20.9-6 § 5-20.9-6. Retention of records.

Rhode Island Statutes

§ 5-20.9-6 — § 5-20.9-6. Retention of records.

Rhode Island·Title 5 Businesses and Professions·Ch. 5-20.9 Real Estate Appraisal Management Company Registration Act

§ 5-20.9-6. Retention of records.
(a) Each appraisal management company shall maintain for five (5) years all business records,
            either in electronic or paper format, relating to each request for an appraisal service
            that the appraisal management company has received and to the appraiser who performs
            the appraisal service for the appraisal management company.
         
(b) The department may inspect these records periodically without prior notice and may
            also inspect these records whenever the department determines that they are pertinent
            to an investigation of any specific complaint against an appraisal management co

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§ 5-20.9-6. Retention of records.

(a) Each appraisal management company shall maintain for five (5) years all business records, either in electronic or paper format, relating to each request for an appraisal service that the appraisal management company has received and to the appraiser who performs the appraisal service for the appraisal management company.

(b) The department may inspect these records periodically without prior notice and may also inspect these records whenever the department determines that they are pertinent to an investigation of any specific complaint against an appraisal management company.

(c) Each appraisal management company must notify the department in writing of any change of business name or address within ten (10) calendar days.

Rhode Island § 5-20.9-6 (§ 5-20.9-6. Retention of records.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.