Oregon has passed a new law H-3624 this new law effects appraisal management companies. The new law  requires appraisal management companies to register their business and obtain bonding. The surety bond amount will be set at $25,000

A few things that the bond covers:
(a) Be conditioned that the applicant pays:
(A) All amounts owing to persons who perform real estate appraisal activity for the appraisal
management company; and
(B) All amounts adjudged against the appraisal management company by reason of
negligent or improper real estate appraisal activity or appraisal management services or
breach of contract in performing real estate appraisal activity or appraisal management
services; and
(b) Require the surety company to provide written notice to the department by registered
or certified mail:
(A) At least 30 days before the surety company cancels or revokes the bond; or
(B) When the surety company pays for a loss under the bond