Arizona Appraisal Management Company (AMC) Bonds

Appraisal Management Company applicants in Arizona must file a surety bond with the Department of Financial Institutions for registration under A.R.S. § 32-3662. The surety bond is typically in an amount or coverage of $20,000 and the bond is required to ensure compliance by the bonded appraisal management company with all the terms of the Arizona Revised Statutes (A.R.S. § 32-3667), and all rules and regulations established by the Department of Financial Institutions relating to business conduct.