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24.207.403    REGULATORY REVIEWS

(1) The board may request, by a random selection, that licensed or certified real estate appraisers submit a copy of an appraisal report for review for compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) as promulgated by The Appraisal Foundation.

(2) All licensed or certified real estate appraisers shall comply with a request of the board. Failure to comply with a request constitutes grounds for unprofessional conduct under 37-1-316, MCA.

History: 37-54-105, MCA; IMP, 37-1-136, 37-54-416, MCA; NEW, 2000 MAR p. 956, Eff. 4/14/00; AMD, 2000 MAR p. 3521, Eff. 12/22/00; TRANS, from Commerce, 2001 MAR p. 1331; AMD, 2008 MAR p. 2272, Eff. 10/24/08.
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