US Lawyer Database

§30-38A-11. Controlling Person Requirements

(a) An appraisal management company shall have a designated controlling person who will ensure compliance with this article and will be the main contact for all communication between the board and the appraisal management company. (b) The controlling person shall: (1) Be of good character and reputation;

§30-38A-12. Requirements for Removal From an Appraiser Panel

(a) An appraisal management company may only remove an appraiser from an appraiser panel or refuse to assign appraisals to an appraiser after providing the appraiser 20 days” prior written notice stating the reasons for the removal or refusal and providing an opportunity for the appraiser to be heard. (b) An appraiser who is removed […]

§30-38A-14. Unprofessional Conduct

An appraisal management company commits unprofessional conduct if it: (1) Requires an appraiser to modify an aspect of an appraisal which modification is not related to substandard performance or noncompliance with the terms of a contract or agreement;

§30-38A-15. Prohibited Acts

(a) An appraisal management company or any person acting for an appraisal management company as a controlling person, owner, director, officer, agent, employee or independent contractor may not: (1) Improperly influence or attempt to improperly influence the development, reporting, result or review of an appraisal through:

§30-38A-16. Disciplinary Action

The board may deny, revoke or refuse to issue or renew the registration of an appraisal management company or may restrict or limit the activities of an appraisal management company or of a person or firm that owns an interest in or participates in the business of an appraisal management company for the following reasons: […]

§30-38A-17. Notice and Hearing Procedures

(a) The board, on its own motion or upon receipt of a written complaint, may investigate an appraisal management company, a person or firm associated with an appraisal management company, or a person or firm performing appraisal management services. (b) If the board determines after the investigation there are grounds for disciplinary action, the board […]

§30-39-2. Definitions

In this article: (1) "Agency contract" means an agreement in which a student-athlete authorizes a person to negotiate or solicit on behalf of the student-athlete a professional-sports-services contract or an endorsement contract.

§30-38A-9. Surety Bond Requirements and Claims

(a) Each applicant shall post and maintain a surety bond with the board. The aggregate liability of the surety bond may not exceed the principal sum of the surety bond. (b) The surety bond shall: (1) Be established by the board through rules;