Prohibition of contracts or agreements with uncredentialed appraisers.

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An AMC registered in this state pursuant to the Oklahoma Appraisal Management Company Regulation Act shall not enter into any contract or agreement with an appraiser for the performance of appraisals unless it verifies that the individual is credentialed in good standing to perform the appraisal pursuant to the Oklahoma Certified Real Estate Appraisers Act.

Added by Laws 2010, c. 364, § 14, eff. Jan. 1, 2011.


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