§16–5B–12.

    An appraisal management company shall inform the Commission when the appraisal management company has a reasonable basis to believe that:

        (1)    an appraiser has:

            (i)    failed to comply with the Uniform Standards of Professional Appraisal Practice;

            (ii)    violated applicable laws; or

            (iii)    engaged in unethical or unprofessional conduct; and

        (2)    the appraiser’s conduct under item (1) of this section is likely to affect the value assigned to the consumer’s principal dwelling.