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<section article="gbo" article_name="Business Occupations and Professions" number="16-311" title_number="16" title_name="Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors" subtitle_number="3" subtitle_name="Licensing of Real Estate Appraisers">
  <level label="a">
    <text>The Commission shall:</text>
    <level label="1">
      <text>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</text>
    </level>
    <level label="2">
      <text>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.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>There is a Federal Appraisal Fee Fund within the Commission.</text>
    </level>
    <level label="2">
      <text>The Fund is a special account to be used to disburse money to the appropriate federal authority under subsection (a)(2) of this section.</text>
    </level>
  </level>
</section>
