§14048. Employee requirements
An appraisal management company that is licensed or applies for a license or renewal of a license may not: [PL 2017, c. 475, Pt. D, §1 (REEN).]
1. Ordering and reviewing of appraisal services. Knowingly employ any person in a position in which the person has the responsibility to order appraisal services or to review the results of a completed appraisal service who has had a license or certificate to act as an appraiser in this State or any other state refused, denied, cancelled, revoked or surrendered in lieu of a pending revocation unless the license or certificate was subsequently granted or reinstated; and
[PL 2017, c. 475, Pt. D, §1 (REEN).]
2. Independent contractor. Knowingly enter into any independent contractor arrangement for the performance of appraisal services with a person who has had a license or certificate to act as an appraiser in this State or any other state refused, denied, cancelled, revoked or surrendered in lieu of a pending revocation unless the license or certificate was subsequently granted or reinstated.
[PL 2017, c. 475, Pt. D, §1 (REEN).]
SECTION HISTORY
PL 2017, c. 270, §1 (NEW). PL 2017, c. 475, Pt. D, §1 (REEN). MRSA T. 32 §14049-K, sub-§1 (RP).
Structure Maine Revised Statutes
TITLE 32: PROFESSIONS AND OCCUPATIONS
Chapter 124-A: APPRAISAL MANAGEMENT COMPANY LICENSING
32 §14047. Controlling persons
32 §14048. Employee requirements
32 §14049-B. Appraiser engagement
32 §14049-D. Appraisal management company operational and record-keeping requirements
32 §14049-E. Compensation of appraisers
32 §14049-F. Statement of fees
32 §14049-G. Prohibited practices
32 §14049-H. Mandatory reporting