§ 3346. Establishment of State appraiser certifying and licensing agencies

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1989

   Financial Institutions Reform, Recovery, and Enforcement Act of 1989

   Pub. L. 101–73 title XI § 1117 · 103 Stat. 183

   Enacted · 12 U.S.C. § 3346

   Pub. L. 101–73, title XI, § 1117, Aug. 9, 1989, 103 Stat. 515

   Source evidence

   Code source credit
   Pub. L. 101–73, title XI, § 1117, Aug. 9, 1989, 103 Stat. 515

   Enacted provision · exact public law section
   SEC. 1117. ESTABLISHMENT OF STATE APPRAISER CERTIFYING AND LICENSING AGENCIES. To assure the availability of State certified and licensed appraisers for the performance in a State of appraisals in federally related transactions and to assure effective supervision of the activities of certified and licensed appraisers, a State may establish a State appraiser certifying and licensing agency.

2. 2010

   Mortgage Reform and Anti-Predatory Lending Act

   Pub. L. 111–203 title XIV § 1473(f)(3) · 124 Stat. 1376

   Inserted · 12 U.S.C. § 3346

   Pub. L. 111–203 inserted at end “The duties of such agency may additionally include the registration and supervision of appraisal management companies and the addition of information about the appraisal management company to the national registry.”

   Source evidence

   Code amendment note
   Pub. L. 111–203 inserted at end “The duties of such agency may additionally include the registration and supervision of appraisal management companies and the addition of information about the appraisal management company to the national registry.”

   Enacted provision · exact public law section
   (3) State appraiser certifying and licensing agency authority.— Section 1117 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 3346) is amended by adding at the end the following: “The duties of such agency may additionally include the registration and supervision of appraisal management companies and the addition of information about the appraisal management company to the national registry.”.

   Effective date note
   Amendment by Pub. L. 111–203 effective on the date on which final regulations implementing that amendment take effect, or on the date that is 18 months after the designated transfer date if such regulations have not been issued by that date, see section 1400(c) of Pub. L. 111–203, set out as a note under section 1601 of Title 15, Commerce and Trade.

2 of 2 references resolved to an enrolled provision