Wisconsin Code § 458.32

Prohibited conduct
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Except as provided under s.
458.34, no appraisal management company may do any of the
following unless the company is a licensed appraisal management
company:
(1) Perform appraisal management services for
compensation.
(2) Advertise that the person is an appraisal management
company; use the title “licensed appraisal management company,” “appraisal management company,” or other similar title; or
otherwise hold itself out as an appraisal management company.

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