{"data":{"id":"us-tx/tex.-occupations-code-1104.102","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 1104.102","heading":"ELIGIBILITY FOR REGISTRATION; OWNERSHIP.","body":"(a) A person who has had a license or certificate to act as an appraiser denied, revoked, or surrendered in lieu of revocation in any state may not own in any manner an appraisal management company registered or applying for registration under this chapter unless:\n(1) the person has subsequently had the license or certificate to act as an appraiser granted or reinstated; and\n(2) the license or certificate to act as an appraiser was denied, revoked, or surrendered for a nonsubstantive reason as determined by the board.\n(b) Repealed by Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 25, eff. September 1, 2017.\n(c) A person owning more than 10 percent of an appraisal management company in this state must submit to a background investigation, as determined by the board.\n(d) Repealed by Acts 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 25, eff. September 1, 2017.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 256 (H.B. 1146), Sec. 2, eff. September 1, 2011.\nAmended by:\nActs 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 4, eff. September 1, 2017.\nActs 2017, 85th Leg., R.S., Ch. 107 (S.B. 1516), Sec. 25, eff. September 1, 2017.\nActs 2019, 86th Leg., R.S., Ch. 334 (S.B. 624), Sec. 33, eff. September 1, 2019.","path":["OCCUPATIONS CODE","TITLE 7. PRACTICES AND PROFESSIONS RELATED TO REAL PROPERTY AND HOUSING","SUBTITLE A. PROFESSIONS RELATED TO REAL ESTATE","CHAPTER 1104. APPRAISAL MANAGEMENT COMPANIES","SUBCHAPTER C. REGISTRATION REQUIREMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1104.htm#1104.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"58ff5ebe6d6dfb6d520c86f55514076d308d51a5250ab1053e8616fa75874110","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-1104.101","next":"us-tx/tex.-occupations-code-1104.103"},"notice":"GroundRules: Original legal text. Not legal advice."}