§ 104.311. Compensation.

Latest version.

No appraiser shall issue an appraisal report if his compensation, either as an appraiser, agent or loan solicitor in connection with the property being appraised, is based either directly or indirectly upon his findings as to the value of the loan security.

HISTORY

1. Change without regulatory effect renumbering former Section 125 to Section 104.312 (Register 87, No. 14). For prior history, see Register 82, No. 49.

2. Renumbering of former Section 104.311 to Section 104.310, and renumbering of former Section 104.312 to Section 104.311 filed 8-23-88; operative 9-22-88 (Register 88, No. 35).

Note

Note: Authority cited: Section 8053, Financial Code. Reference: Sections 7500, Financial Code.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');