2018 Mississippi Code
Title 73 - Professions and Vocations
Chapter 34 - Real Estate Appraisers
Mississippi Appraisal Management Company Registration Act
§ 73-34-127. Material failure of appraiser to comply with ethical or professional requirements in connection with certain consumer credit transactions.

Universal Citation: MS Code § 73-34-127 (2018)

An appraisal management company that has a reasonable basis to believe an appraiser has failed to comply with applicable laws, the Uniform Standards of Professional Appraisal Practice or other ethical or professional requirements in connection with a consumer credit transaction secured by a consumer’s principal dwelling, shall refer the matter to the agency if the failure to comply is material. For purposes of this section, a failure to comply is material if it is likely to significantly affect the value assigned to the consumer’s principal dwelling.

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