Texas § 1104.156 BUSINESS RECORDS.

Texas Statutes

§ 1104.156 — BUSINESS RECORDS.

Texas § 1104.156

Code OCOccupations Code

This text of Texas § 1104.156 (BUSINESS RECORDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Occupations Code Code Ann. § 1104.156 (2026).

Text

Sec. 1104.156. BUSINESS RECORDS.

(a)An appraisal management company required to register under this chapter or that has applied for registration under this chapter shall retain for at least five years all business records relating to each service request that the company receives and the appraiser who performs the appraisal for the company.

(b)The board may audit the records of an appraisal management company required to register under this chapter to ensure compliance with federal law, this chapter, board rules, and the Uniform Standards of Professional Appraisal Practice.

(c)A written record of all substantive communications between an appraisal management company required to register under this chapter and an appraiser relating to inclusion on an appraisal panel or to an appraisal as

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Sec. 1104.156. BUSINESS RECORDS. (a) An appraisal management company required to register under this chapter or that has applied for registration under this chapter shall retain for at least five years all business records relating to each service request that the company receives and the appraiser who performs the appraisal for the company.
(b) The board may audit the records of an appraisal management company required to register under this chapter to ensure compliance with federal law, this chapter, board rules, and the Uniform Standards of Professional Appraisal Practice.
(c) A written record of all substantive communications between an appraisal management company required to register under this chapter and an appraiser relating to inclusion on an appraisal panel or to an appraisal assignment must be maintained as provided under Subsection (a).

Legislative History

Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146 ), Sec. 2, eff. September 1, 2011. Amended by: Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516 ), Sec. 10, eff. September 1, 2017.