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TO AMEND SECTION 40-60-240, CODE OF LAWS OF SOUTH CAROLINA 1976, RELATING TO UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE, SO AS TO PRESCRIBE PROFESSIONAL CONDUCT OF APPRAISERS IN CONFORMANCE WITH THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE, (USPAP) AS PROMULGATED BY THE APPRAISAL STANDARDS BOARD OF THE APPRAISAL FOUNDATION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 40-60-240 of the 1976 Code, as added by Act 335 of 2000, is amended to read:
"Section 40-60-240. The board shall adopt the standards, and amendments to these standards, of professional appraisal practice, as promulgated by the Appraisal Standards Board of the Appraisal Foundation. All appraiser Appraiser apprentices and state licensed and certified appraisers shall conform their professional conduct to these standards of professional appraisal practice the Uniform Standards of Professional Appraisal Practice (USPAP) and its amendments, as promulgated by the Appraisal Standards Board of the Appraisal Foundation."
SECTION 2. This act takes effect upon approval by the Governor.
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