GroundRules
12 CFR 1102.400: Authority, purpose, and scope.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER XI—FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
- PART 1102—APPRAISER REGULATION
- Subpart E—Collection and Transmission of Appraisal Management Company (AMC) Registry Fees
(a) Authority. This subpart is issued by the Appraisal Subcommittee (ASC) under sections 1106 and 1109 (a)(4)(B) of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (Title XI), as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) (Pub. L. 111-203, 124 Stat. 1376 (2010)), 12 U.S.C. 3335, 3338 (a)(4)(B)).
(b) Purpose. The purpose of this subpart is to implement section 1109 (a)(4)(B) of Title XI, 12 U.S.C. 3338.
(c) Scope. This subpart applies to States that elect to register and supervise appraisal management companies pursuant to 12 U.S.C. 3346 and 3353, and the regulations promulgated thereunder.
Collected 2026-08-27T02:24:16Z. Source file · JSON