Maryland Statutes
Subtitle 5B - Real Estate Appraisal Management Companies
Section 16-5B-02 - Scope of Subtitle

This subtitle does not apply to:
        (1)    a person that exclusively employs appraisers on an employer–employee basis for the performance of appraisals; or
        (2)    an entity that is a subsidiary owned and controlled by a financial institution and regulated by a federal financial institution regulatory agency.