Montana Title 37. Professions and Occupations § 37-54-503. Owner requirements

(1) An appraisal management company applying for registration in this state may not be owned by:

(2) Each person who owns an appraisal management company in this state:

(3) Each appraisal management company applying for registration in this state shall certify to the board that the appraisal management company has reviewed each person or entity that directly or indirectly owns the appraisal management company, in whole or in part, and that no person or entity that directly or indirectly owns the appraisal management company, in whole or in part, has had a license, a certificate, or registration to act as an appraiser or appraisal management company refused, denied, canceled, revoked, or surrendered in lieu of a pending revocation in any state.