2007 Senate Bill 342 ↩

Senate Roll Call 78: Passed

To explicitly and specifically prohibit real estate appraisers from developing an appraisal that will be used to justify a real estate loan with the understanding that the outcome of the appraisal will determine whether the appraiser gets future business from the client, or with the understanding that payment for the appraisal is dependent on attaining a minimum value desired by the client. Violations would be subject to up to three years in prison and a $5,000 fine.