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§ 5137. Removal of duplicative appraisals

Type Statute
Publication 2024-06-06
State In force
Department United States Congress
Source OLRC
articles 2
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.

Definition of “Secretary”

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

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