§ 33-39-204 — Exemptions

(a) This article shall not apply to:
(i) Any person that exclusively employs persons on an
employer and employee basis for the performance of real estate
appraisal services in the normal course of its business and the
employer is responsible for ensuring that the real estate
appraisal services being performed by its employees are being
performed in accordance with Uniform Standards of Professional
Appraisal Practices;
(ii) A department or unit within a financial
institution that is regulated by a federal financial institution
regulatory agency, or is regulated by an agency of this state,
that receives a request for the performance of an appraisal from
one (1) employee of the financial institution, and another
employee of the same financial institution assigns the request
for the appraisal to an appraiser who is an independent
contractor to the institution;
(iii) An appraisal management company that is a
subsidiary owned and controlled by a financial institution
regulated by a federal financial institution regulatory agency;
(iv) Any independent contractor appraiser who in the
normal course of business enters into an agreement, whether
written or otherwise, with another independent contractor
appraiser for the performance of real estate appraisal services
that the hiring or contracting appraiser cannot complete for any
reason, including but not limited to competency, work load,
schedule or geographic location;
(v) An appraisal firm as defined in this article;
(vi) Attorneys, certified public accountants,
financial advisors, insurance agents, real estate brokers and
agents or other professionals who request an appraisal of the
client's property on behalf of the client.