12 U.S.C. § 3338
Roster of State, certified, licensed, and credentialed trainee appraisers; authority to collect and transmit fees
United States · Title 12 — BANKS AND BANKING · Status: effective
Cite this
- Citation
- 12 U.S.C. § 3338, Roster of State, certified, licensed, and credentialed trainee appraisers; authority to collect and transmit fees, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438515
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Full text
Each State with an appraiser certifying and licensing agency whose certifications and licenses comply with this chapter, shall—
collect—
from an appraisal management company that either has registered with a State appraiser certifying and licensing agency in accordance with this chapter or operates as a subsidiary of a federally regulated financial institution, an annual registry fee of—
Amounts appropriated for or collected by the Appraisal Subcommittee under this section shall be used—
to make grants to State appraiser certifying and licensing agencies, in accordance with policies to be developed by the Appraisal Subcommittee, to support the efforts of such agencies to comply with this chapter, including—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Financial Institutions Reform, Recovery, and Enforcement Act of 1989House: no recorded tallySenate: no recorded tally
- Dodd-Frank Wall Street Reform and Consumer Protection Act
- 21st Century ROAD to Housing Act