FEDERAL · 12 U.S.C. · Chapter 34A

Purpose

12 U.S.C. § 3331
Title12Banks and Banking
Chapter34A — APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

This text of 12 U.S.C. § 3331 (Purpose) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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12 U.S.C. § 3331.

Text

The purpose of this chapter is to provide that Federal financial and public policy interests in real estate related transactions will be protected by requiring that real estate appraisals utilized in connection with federally related transactions are performed in writing, in accordance with uniform standards, by individuals whose competency has been demonstrated and whose professional conduct will be subject to effective supervision.

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Source Credit

History

(Pub. L. 101–73, title XI, §1101, Aug. 9, 1989, 103 Stat. 511.)

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12 U.S.C. § 3331, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/3331.