California CodesBusiness and Professions Code - BPCDivision 4 — Real EstatePart 3 — Licensing and Certification of Real Estate AppraisersChapter 3 — Scope of PracticeSection 11325
(a) The director shall adopt regulations which determine the parameters of appraisal work which may be performed by licensed appraisers.
(b) Regulations adopted by the director pursuant to this section shall, at a minimum, meet the standards established by federal financial institution regulatory agencies as required by Section 1112 of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, Public Law 101-73.
Notes
Requires the director to adopt regulations defining the scope of appraisal work that licensed appraisers may perform. At a minimum, those regulations must meet the standards established by federal financial institution regulatory agencies as required by the cited provision of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 11325 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-3/chapter-3/section-11325