Sec. 1104.160. MANDATORY REPORTING. An appraisal management company that has a reasonable basis to believe an appraiser is failing to comply with the Uniform Standards of Professional Appraisal Practice in a manner that materially affects a value conclusion, violating applicable laws, or otherwise engaging in unethical or unprofessional conduct shall refer the matter to the board in the manner provided by Section 1104.204.
Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1104 - Appraisal Management Companies
Subchapter D. Practice by Appraisal Management Company
Section 1104.151. Employment of Certain Persons Prohibited
Section 1104.152. Verification of Licensure or Certification
Section 1104.153. Appraisal Review
Section 1104.154. Competency of Appraisers
Section 1104.155. Professional Standards
Section 1104.156. Business Records
Section 1104.157. Compensation of Appraisers
Section 1104.158. Statement of Fees
Section 1104.159. Disclosure of Registration Number
Section 1104.160. Mandatory Reporting