37-54-513. Recordkeeping. Each appraisal management company seeking to be registered in this state shall certify to the board on an annual basis that it has retained the following documentation in accordance with the recordkeeping provisions of the uniform standards of professional appraisal practice and applicable state law:
(1) a full record as prescribed by the board that includes the names of the entities requesting service from the appraisal management company and the corresponding names of the appraisers that performed the appraisal services; and
(2) all certifications and supporting documentation for board registration and renewals, including audit reports required by this chapter.
History: En. Sec. 15, Ch. 270, L. 2011.
Structure Montana Code Annotated
Title 37. Professions and Occupations
Chapter 54. Real Estate Appraisers
Part 5. Appraisal Management Companies
37-54-501. Appraisal management company registration
37-54-502. Registration exemptions
37-54-505. Employee requirements
37-54-507. Mandatory reporting
37-54-509. Certification to board -- appraisal panel members
37-54-510. Certification to board -- continuing licensure
37-54-511. Certification -- adherence to standards
37-54-514. Appraiser independence -- prohibitions
37-54-515. Guaranty of payment