58-4721. Same; removal of appraiser, limitation.
No AMC shall remove an appraiser from its appraiser panel, or otherwise refuse to assign requests for real estate appraisal services to an appraiser without:
(a) Notifying the appraiser in writing of the reasons why such appraiser is being removed from the appraiser panel of the AMC;
(b) providing an opportunity for the appraiser to respond to the written notification of the AMC either personally or through legal counsel; and
(c) if the appraiser is being removed from the panel for illegal conduct, violation of the USPAP, or a violation of this act or the regulations adopted thereunder, providing notice to the appraiser and to the board detailing allegations of fact and alleged violations of USPAP, regulations or laws.
History: L. 2012, ch. 93, § 21; L. 2018, ch. 69, § 4; July 1.