Indiana Senate Bill 246 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2016 - 25% progression, died in committee
Action: 2016-01-07 - First reading: referred to Committee on Commerce & Technology
Pending: Senate Commerce & Technology Committee
Text: Latest bill text (Introduced) [PDF]

Appraisal management practices. Provides that an appraisal management company that engages a real estate appraiser to perform an appraisal shall pay the real estate appraiser for the appraisal to be performed not later than: (1) the: (A) payment date; or (B) occurrence of a specified event upon which payment is to be made; that is set forth in the contract or agreement between the appraisal management company and the real estate appraiser; or (2) 30 days after the return of the appraisal to the appraisal management company by the real estate appraiser, if: (A) a contract or agreement between the

Appraisal management practices. Provides that an appraisal management company that engages a real estate appraiser to perform an appraisal shall pay the real estate appraiser for the appraisal to be performed not later than: (1) the: (A) payment date; or (B) occurrence of a specified event upon which payment is to be made; that is set forth in the contract or agreement between the appraisal management company and the real estate appraiser; or (2) 30 days after the return of the appraisal to the appraisal management company by the real estate appraiser, if: (A) a contract or agreement between the

Sen. Jon Ford [R]

Date	Chamber	Action
2016-01-07	Senate	First reading: referred to Committee on Commerce & Technology
2016-01-07	Senate	Authored by Senator Ford

Type	Source
Summary	https://iga.in.gov/legislative/2016/bills/senate/246/details
Text	http://iga.in.gov/static-documents/b/0/c/1/b0c1d864/SB0246.01.INTR.pdf