876 IAC 3-6-2 Uniform Standards of Professional Appraisal Practice

Sec. 2. (a) That certain document being titled Uniform Standards of Professional Appraisal Practice (USPAP), 2020-2021 edition, as published by the Appraisal Standards Board of the Appraisal Foundation, 1155 15th Street, NW, Suite 1111, Washington, D.C. 20005, copyright The Appraisal Foundation, is hereby incorporated by reference as if fully set out in this rule except for the revisions stated in section 3 of this rule. The Advisory Opinions are not adopted as part of this rule. The Comments are adopted as part of this rule. (b) No subsequent editions, amendments, supplements, or releases of the USPAP will be in effect in Indiana or adopted by the commission except by following the rulemaking provisions of IC 4-22-2. (c) As used in this article, "appraiser" refers to the following: (1) An Indiana licensed trainee appraiser. (2) An Indiana licensed residential appraiser. (3) An Indiana certified residential appraiser. (4) An Indiana certified general appraiser.