MANDATORY REPORTING.
Tex. OCC Code § 1104.160.
in effectAn appraisal management company that has a reasonable basis to believe an appraiser is failing to comply with the Uniform Standards of Professional Appraisal Practice in a manner that materially affects a value conclusion, violating applicable laws, or otherwise engaging in unethical or unprofessional conduct shall refer the matter to the board in the manner provided by Section 1104.204 .
Added by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146 ), Sec. 2, eff. September 1, 2011.
