(a) The Commission shall:
(1) transmit to the Appraisal Subcommittee of the Federal Financial Institutions Examinations Council a roster of State certified and licensed appraisers as required by § 1109(a)(1) of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989; and
(2) collect and transmit to the appropriate federal authority those fees required by § 1109(a)(2) of the federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
(b) (1) There is a Federal Appraisal Fee Fund within the Commission.
(2) The Fund is a special account to be used to disburse money to the appropriate federal authority under subsection (a)(2) of this section.
Structure Maryland Statutes
Business Occupations and Professions
Title 16 - Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3 - Licensing of Real Estate Appraisers
Section 16-301 - License Required
Section 16-302 - Qualifications of Applicants
Section 16-303 - Applications for Licenses; Fingerprinting
Section 16-304.1 - Use of Testing Service to Administer Examinations
Section 16-305 - Waiver of Examination Requirements
Section 16-307 - Scope of License
Section 16-308 - Term and Renewal of Licenses
Section 16-309 - Continuing Education
Section 16-310 - Reinstatement of Licenses
Section 16-311 - Roster of State Certified and Licensed Appraisers; Federal Appraisal Fee Fund
Section 16-312 - Place of Business; Display of License; Change of Name or Address