FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3337 — Startup funding

firrea-12usc-3337

FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.), §3337 Startup funding. Full verbatim text from the Office of the Law Revision Counsel's United States Code (USLM XML, release point 119-111).

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Verbatim regulatory text (4)

Verbatim provisions from FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3337 — Startup funding — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

12 U.S.C. §3337(a)

(a) In general For purposes of this chapter, the Secretary of the Treasury shall pay to the Appraisal Subcommittee a one-time payment of $5,000,000 on August 9, 1989. Thereafter, expenses of the subcommittee shall be funded through the collection of registry fees from certain certified and licensed appraisers pursuant to section 3338 of this title or, if required, pursuant to section 3351(b) [1] of this title.

Source: FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3337 — Startup funding · source URL · snapshot 46de23631ee0e9b4

12 U.S.C. §3337(b)

(b) Additional funds Except as provided in section 3351(b) 1 of this title, funds in addition to the funds provided under subsection (a) may be made available to the Appraisal Subcommittee only if authorized and appropriated by law.

Source: FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3337 — Startup funding · source URL · snapshot 46de23631ee0e9b4

12 U.S.C. §3337(c)

(c) Repayment of Treasury loan Not later than September 30, 1998, the Appraisal Subcommittee shall repay to the Secretary of the Treasury the unpaid portion of the $5,000,000 paid to the Appraisal Subcommittee pursuant to this section.

Source: FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3337 — Startup funding · source URL · snapshot 46de23631ee0e9b4

12 U.S.C. §3337 note — source credit and editorial notes (not statute text)

(Pub. L. 101–73, title XI, § 1108, Aug. 9, 1989, 103 Stat. 513; Pub. L. 104–208, div. A, title II, § 2212, Sept. 30, 1996, 110 Stat. 3009–411.) Editorial Notes References in Text Section 3351(b) of this title, referred to in text, was redesignated section 3351(c) of this title by Pub. L. 103–325, title III, § 315(1), Sept. 23, 1994, 108 Stat. 2222. Amendments 1996—Subsec. (c). Pub. L. 104–208 added subsec. (c). [1] See References in Text note below.

Source: FIRREA Title XI (Real Estate Appraisal Reform Amendments, 12 U.S.C.) § 3337 (notes) · source URL · snapshot 46de23631ee0e9b4

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Source of record: https://claudeforcompliance.com/regs/firrea-12usc-3337/ · register firrea-12usc-3337 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.