GroundRules
12 CFR 1102.402: Establishing the annual AMC registry fee.
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
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.
Collected 2026-08-27T02:24:16Z. Source file · JSON