Current through Register Vol. 50, No. 12, December 20, 2024
Section LXVII-10701 - Appraiser Requirements and ProhibitionsA. It shall be unlawful for a licensee or certificate holder to enter into an agreement to perform valuation services, written or otherwise, with an appraisal management company, or a person, corporation, partnership, sole proprietorship, subsidiary, unit, or other business entity that engages, or attempts to engage, in the activities of an appraisal management company, as defined in R.S. 37:3415.2(a)-(b), unless the appraisal management company, person, corporation, partnership, sole proprietorship, subsidiary, unit, or other business entity is licensed in accordance with the Louisiana Appraisal Management Company Licensing and Regulation Act.B. A licensee or certificate holder that performs valuation services for an appraisal management company may include the license number of the appraisal management company in all appraisal reports or other instruments used by the licensee or certificate holder in conducting real property appraisal activities for the appraisal management company.La. Admin. Code tit. 46, § LXVII-10701
Promulgated by the Office of the Governor, Real Estate Appraisers Board, LR 39:311 (February 2013).AUTHORITY NOTE: Promulgated in accordance with R.S. 37:3395.