Any member of the board, employee of the board, or person under contract with the board shall be immune from any civil action or criminal prosecution for initiating or assisting in any lawful investigation of the actions of or any disciplinary proceeding concerning an appraisal management company pursuant to the Nebraska Appraisal Management Company Registration Act if the member, employee, or person initiates or assists in such investigation or proceeding without malicious intent and in the reasonable belief that the investigation or proceeding was allowed by the powers vested in such member, employee, or person.

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Terms Used In Nebraska Statutes 76-3223

  • Action: shall include any proceeding in any court of this state. See Nebraska Statutes 49-801
  • Appraisal: A determination of property value.
  • Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
  • Contract: A legal written agreement that becomes binding when signed.
  • Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801