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§ 457.31. Application

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 63 P.S. Professions and Occupations (State Licensed)Effective: July 31, 2012

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 63 P.S. Professions and Occupations (State Licensed) (Refs & Annos)
Chapter 13C-1. Appraisal Management Company Registration Act (Refs & Annos)
Effective: July 31, 2012
63 P.S. § 457.31
§ 457.31. Application
This act shall not apply to:
(1) An appraiser who:
(i) in the normal course of business enters into an agreement, whether written or otherwise, with an appraiser for the performance of an appraisal; and
(ii) under the agreement cosigns the appraisal upon its completion.
(2) A person authorized to engage in business as a banking institution, credit union or savings association organized under the laws of this Commonwealth or any other jurisdiction and whose employees perform appraisals for the person or arrange for the performance of appraisals for the person by an independent contractor to the person.

Credits

2012, Feb. 2, P.L. 30, No. 4, § 11, effective in 180 days [July 31, 2012].
63 P.S. § 457.31, PA ST 63 P.S. § 457.31
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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