Md. Code Ann., Bus. Occ. & Prof. § 16-311
Roster of certified and licensed appraisers, Federal Appraisal Fee Fund
Effective Apr 10, 2001Added by Acts 1990, c. 594. Amended by Acts 1991, c. 568. Renumbered from Business Occupations and Professions § 15.5-311 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994. Amended by Acts 2001, c. 29, § 1, eff. April 10, 2001.State of Maryland
(a) The Commission shall:
- (1) transmit to the Appraisal Subcommittee of the Federal Financial Institutions Examinations Council a roster of State certified and licensed appraisers as required by § 1109(a)(1) of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989;1 and
- (2) collect and transmit to the appropriate federal authority those fees required by § 1109(a)(2) of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(b)
- (1) There is a Federal Appraisal Fee Fund within the Commission.
- (2) The Fund is a special account to be used to disburse money to the appropriate federal authority under subsection (a)(2) of this section.
Added by Acts 1990, c. 594. Amended by Acts 1991, c. 568. Renumbered from Business Occupations and Professions § 15.5-311 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994. Amended by Acts 2001, c. 29, § 1, eff. April 10, 2001.
Pub.L. 101-73, Aug. 9, 1989, 103 Stat. 183.