12 CFR 1102.402
§ 1102.402 Establishing the annual AMC registry fee.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 1102.402, § 1102.402 Establishing the annual AMC registry fee, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50086
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Full text
The annual AMC registry fee to be applied by States that elect to register and supervise AMCs is established as follows:
(a) In the case of an AMC that has been in existence for more than a year, $25 multiplied by the number of appraisers who have performed an appraisal for the AMC in connection with a covered transaction in such State during the previous year; and
(b) In the case of an AMC that has not been in existence for more than a year, $25 multiplied by the number of appraisers who have performed an appraisal for the AMC in connection with a covered transaction in such State since the AMC commenced doing business.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.