Utah Statutes
§ 61-2e-301 — Use of licensed or certified appraisers.
Utah·Title 61 Securities Division - Real Estate Division·Ch. 61-2e Appraisal Management Company Registration and Regulation Act·Part 61-2e-3 Operational Requirements
(1)An appraisal management company required to be registered under this chapter may not enter into an agreement with an appraiser for the performance of a real estate appraisal activity unless the appraiser is licensed or certified in good standing pursuant to Chapter 2g, Real Estate Appraiser Licensing and Certification Act.
(2)(2)(a) An appraisal management company required to be registered under this chapter shall have a system to verify that an individual added to the appraiser panel of the appraisal management company holds a license or certificate in good standing in this state pursuant to Chapter 2g, Real Estate Appraiser Licensing and Certification Act.
(2)(b) As part of the registration process under Part 2, Registration, an appraisal management company shall biennially provide
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Legislative History
Amended by Chapter 384, 2016 General Session
Nearby Sections
15
§ 61-1-1
Fraud unlawful.§ 61-1-10
Registration by qualification.§ 61-1-101
Title.§ 61-1-102
Definitions.§ 61-1-103
Procedure for disclosure.§ 61-1-105
Remedies for employee bringing action.§ 61-1-106
Award for reporter.§ 61-1-13
Definitions.§ 61-1-14
Exemptions.