§16–311.

    (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.