Plain Text Law

§ 16–311

Statutes in effect as of October 1, 2026.

Md. Code Ann., Bus. Occ. & Prof. § 16-311 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 3. Licensing of Real Estate Appraisers

§ 16–311Copy Citation

(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.