§ 3331. —  Purpose.

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From the U.S. Code Online via GPO Access
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[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC3331]

 
                       TITLE 12--BANKS AND BANKING
 
 CHAPTER 34A--APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS 
                           EXAMINATION COUNCIL
 
Sec. 3331. Purpose

    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.

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