Section 34-27A-29 Compliance with federal law; membership in organization not to be grounds for granting or denying license.

Section 34-27A-29

Compliance with federal law; membership in organization not to be grounds for granting or denying license.

It is the intent of the Legislature of the State of Alabama that this chapter fully comply with the provisions of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, Pub. L. No. 101-73, any amendments thereto and regulations issued thereunder, and the board shall adopt administrative rules and regulations accordingly. The board shall not grant or deny a license for any classification of real estate appraiser by virtue of membership in or lack of membership in any particular appraisal organization.

(Acts 1990, No. 90-639, p. 1175, §31; Acts 1994, No. 94-117, p. 128, §1.)