Any employee of an appraisal management company or an independent contractor of the appraisal management company who performs a Uniform Standards of Professional Appraisal Practice Standard 3 appraisal review of an appraisal report on a property located in this state shall be an appraiser with the proper level of appraiser credential issued by the Arkansas Appraiser Licensing and Certification Board.
Structure Arkansas Code
Title 17 - Professions, Occupations, and Businesses
Subtitle 2 - Nonmedical Professions
Subchapter 4 - Appraisal Management Company Registration Act
§ 17-14-403. Registration of appraisal management companies required
§ 17-14-404. Rulemaking authority
§ 17-14-405. Requirements for registration
§ 17-14-406. Fees and renewals
§ 17-14-407. Registrant responsibilities and duties
§ 17-14-408. Prohibited activities
§ 17-14-409. Registry of applicants and roster
§ 17-14-410. Disciplinary authority, enforcement, and hearings
§ 17-14-411. Injunctive relief — Criminal penalty