{"data":{"id":"us-tx/tex.-occupations-code-1104.156","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 1104.156","heading":"BUSINESS RECORDS.","body":"(a) An appraisal management company required to register under this chapter or that has applied for registration under this chapter shall retain for at least five years all business records relating to each service request that the company receives and the appraiser who performs the appraisal for the company.\n(b) The board may audit the records of an appraisal management company required to register under this chapter to ensure compliance with federal law, this chapter, board rules, and the Uniform Standards of Professional Appraisal Practice.\n(c) A written record of all substantive communications between an appraisal management company required to register under this chapter and an appraiser relating to inclusion on an appraisal panel or to an appraisal assignment must be maintained as provided under Subsection (a).\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. 10, eff. September 1, 2017.","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 D. PRACTICE BY APPRAISAL MANAGEMENT COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1104.htm#1104.156","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"86d913992fb42f53d0708938928f84dc83e738334aa4611200238edab75a46a4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-1104.155","next":"us-tx/tex.-occupations-code-1104.157"},"notice":"GroundRules: Original legal text. Not legal advice."}