Michigan Compiled Laws 299-1980-26a Article 26a (339.2661...339.2677)

• Section 339.2661 Definitions.
  As used in this act: (a) "Appraisal" means that term as defined in section 2601. (b) "Appraisal management company" means a person that provides...
• Section 339.2663 Conduct Requiring License; Exceptions.
  (1) Except as provided in subsection (2), a person shall not do any of the following in this state without a license issued by...
• Section 339.2665 Licensure As Appraisal Management Company; Application; Form; Information; Fee.
  (1) A person seeking licensure as an appraisal management company under this article shall submit to the department a license application, in the form...
• Section 339.2667 Conditions To Licensure; Bond.
  (1) The department shall not grant a license to a person applying for a license as an appraisal management company under this article unless...
• Section 339.2669 Licensure; Issuance; Prohibitions; Certificate; Term; Expiration.
  (1) The department shall not issue a license under this article to a person applying for licensure as an appraisal management company if the...
• Section 339.2671 Ensuring Employees Trained Or Holding License As Certified Appraiser; Definitions; Conduct Subject To Penalties.
  (1) An appraisal management company shall ensure that any employee of the appraisal management company, or any other individual working on behalf of the...
• Section 339.2673 Ensuring Certain System And Process In Place; Annual Certification By Appraisal Management Company.
  (1) An appraisal management company licensed under this article shall certify to the department on an annual basis, on a form prescribed by the...
• Section 339.2675 Conduct Subject To Penalties; Exceptions.
  (1) Except as provided in subsection (2), an employee, director, officer, or agent of an appraisal management company licensed under this article that influences...
• Section 339.2677 Removal Of Independent Appraiser From Appraiser Panel; Requirements; Complaint; Determination By Department.
  (1) Beginning 90 days after an appraisal management company first adds the independent appraiser to its appraiser panel, the appraisal management company shall not...

Last modified: October 10, 2016