Legislation
SECTION 160-CCCC
Exemptions
Executive (EXC) CHAPTER 18, ARTICLE 6-H
§ 160-cccc. Exemptions. The provisions of this article shall not apply
to any person that exclusively employs appraisers for the performance of
appraisals or to any appraisal management company that is a wholly-owned
subsidiary of a financial institution, which is regulated by the federal
financial institution regulatory agency. The registration provisions of
this article shall not apply to the state, any state agency or
authority, or any political subdivision of the state that employs
appraisers.
to any person that exclusively employs appraisers for the performance of
appraisals or to any appraisal management company that is a wholly-owned
subsidiary of a financial institution, which is regulated by the federal
financial institution regulatory agency. The registration provisions of
this article shall not apply to the state, any state agency or
authority, or any political subdivision of the state that employs
appraisers.