StacksVerified U.S. regulatory reference

12 CFR §1102.402

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The annual AMC registry fee to be applied by States that elect to register and supervise AMCs is established as follows:
  1. (a)In the case of an AMC that has been in existence for more than a year, $25 multiplied by the number of appraisers who have performed an appraisal for the AMC in connection with a covered transaction in such State during the previous year; and
  2. (b)In the case of an AMC that has not been in existence for more than a year, $25 multiplied by the number of appraisers who have performed an appraisal for the AMC in connection with a covered transaction in such State since the AMC commenced doing business.