New Mexico § 61-30-2 Purpose and legislative intent. (Repealed effective July 1,

New Mexico Statutes

§ 61-30-2 — Purpose and legislative intent. (Repealed effective July 1,

New Mexico·Ch. 61 Professional and Occupational Licenses·Art. 30 Real Estate Appraisers

2030.) A. The purpose of the Real Estate Appraisers Act [Chapter 61, Article 30 NMSA 1978] is to provide a comprehensive body of law for the effective regulation and active supervision of the business of developing and communicating real estate appraisals in response to the federal Financial Institutions Examination Council Act of 1978, 12 U.S.C. 3301, et seq., as amended by Title XI, Real Estate Appraisal Reform Amendments, 12 U.S.C. 3331 through 3351.

B.The legislature intends that persons developing and communicating real estate appraisals be regulated by the state for the protection of those persons relying upon real estate appraisals.

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2030.) A. The purpose of the Real Estate Appraisers Act [Chapter 61, Article 30 NMSA 1978] is to provide a comprehensive body of law for the effective regulation and active supervision of the business of developing and communicating real estate appraisals in response to the federal Financial Institutions Examination Council Act of 1978, 12 U.S.C. 3301, et seq., as amended by Title XI, Real Estate Appraisal Reform Amendments, 12 U.S.C. 3331 through 3351. B. The legislature intends that persons developing and communicating real estate appraisals be regulated by the state for the protection of those persons relying upon real estate appraisals.

New Mexico § 61-30-2 (Purpose and legislative intent. (Repealed effective July 1,) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.