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New AMC Administrative Rules

Rule Number Rule Sub-Heading Effective Date
R162-2e-201 An AMC must register with the Division of Corporations and Commercial Code in order to register with us. June 22, 2011
R162-2e-304 An AMC must disclose, at the time an assignment is offered, any fees that will be charged to the appraiser. June 22, 2011
R162-2e-401 An AMC may not charge to an appraiser a fee that is not disclosed at the time an assignment is offered, a fee that is inflated above the actual cost of a service provided by a third party, or a fee that is charged for a service not actually performed. June 22, 2011