Bill Text: VA SB1445 | 2015 | Regular Session | Chaptered
Bill Title: Appraisal management companies; appraiser compensation.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2015-03-23 - Governor: Acts of Assembly Chapter text (CHAP0422) [SB1445 Detail]
Download: Virginia-2015-SB1445-Chaptered.html
Be it enacted by the General Assembly of Virginia: 1. That the Code of Virginia is amended by adding a section numbered 54.1-2022.1 as follows: §54.1-2022.1. Appraiser compensation. An appraisal management company shall compensate appraisers in compliance with §129E(i) of the federal Truth in Lending Act (15 U.S.C. § 1601 et seq.) and regulations promulgated thereunder. |