Laws: Cases and Codes : U.S. Code : Title 12
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U.S. Code as of:
01/19/04
Chapter 34A - Notes
Sec.
3331. Purpose.
3332. Functions of Appraisal Subcommittee.
(a) In general.
(b) Monitoring and reviewing foundation.
3333. Chairperson of Appraisal Subcommittee; term of
Chairperson; meetings.
(a) Chairperson.
(b) Meetings; quorum; voting.
3334. Officers and staff.
3335. Powers of Appraisal Subcommittee.
3336. Procedures for establishing appraisal standards and
requiring use of certified and licensed appraisers.
3337. Startup funding.
(a) In general.
(b) Additional funds.
(c) Repayment of Treasury loan.
3338. Roster of State certified or licensed appraisers;
authority to collect and transmit fees.
(a) In general.
(b) Use of amounts appropriated or collected.
3339. Functions of Federal financial institutions regulatory
agencies relating to appraisal standards.
3340. Time for proposal and adoption of standards.
3341. Functions of Federal financial institutions regulatory
agencies relating to appraiser qualifications.
(a) In general.
(b) Threshold level.
(c) GAO study of appraisals in connection with real
estate related financial transactions below
threshold level.
3342. Transactions requiring services of State certified
appraiser.
3343. Transactions requiring services of State licensed
appraiser.
3344. Time for proposal and adoption of rules.
3345. Certification and licensing requirements.
(a) In general.
(b) Restriction.
(c) "State licensed appraiser" defined.
(d) Additional qualification criteria.
(e) Authority of Appraisal Subcommittee.
3346. Establishment of State appraiser certifying and
licensing agencies.
3347. Monitoring of State appraiser certifying and licensing
agencies.
(a) In general.
(b) Disapproval by Appraisal Subcommittee.
(c) Rejection of State certifications and licenses.
3348. Recognition of State certified and licensed appraisers
for purposes of this chapter.
(a) Effective date for use of certified or licensed
appraisers only.
(b) Temporary waiver of appraiser certification or
licensing requirements for State having
scarcity of qualified appraisers.
(c) Reports to State certifying and licensing
agencies.
3349. Violations in obtaining and performing appraisals in
federally related transactions.
(a) Violations.
(b) Penalties.
(c) Proceeding.
3350. Definitions.
3351. Miscellaneous provisions.
(a) Temporary practice.
(b) Reciprocity.
(c) Supplemental funding.
(d) Prohibition against discrimination.
(e) Other requirements.
(f) Studies.
3352. Emergency exceptions for disaster areas.
(a) In general.
(b) 3-year limit on exceptions.
(c) Publication required.
(d) "Disaster area" defined.
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