Legalize
Legalize / United States / Statute

§ 5137. Removal of duplicative appraisals

Type Statute
Publication 2024-06-06
State In force
Department United States Congress
Source OLRC
Reform history JSON API
§ 5137. Removal of duplicative appraisals

Notwithstanding any other law (including regulations), in making loans under section 5136 of this title, borrowers who are Indian tribes, members of Indian tribes, or tribal corporations shall only be required to obtain 1 appraisal under an appraisal standard recognized as of February 7, 2014, by the Secretary or the Secretary of the Interior.

(Pub. L. 113–79, title V, § 5403, Feb. 7, 2014, 128 Stat. 840.)

Editorial Notes

Codification

Section was formerly classified to section 488a of this title prior to editorial reclassification and renumbering as this section.

Statutory Notes and Related Subsidiaries

Definition of “Secretary”

“Secretary” as meaning the Secretary of Agriculture, see section 9001 of Title 7, Agriculture.

This document does not substitute reading the official United States Code published by the Office of the Law Revision Counsel. We assume no responsibility for any inaccuracies resulting from the conversion to this format.