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Federal court rules FIRREA trumps state law.

Publication: Valuation Insights & Perspectives
Publication Date: 22-MAR-04
Format: Online
Delivery: Immediate Online Access
Full Article Title: Federal court rules FIRREA trumps state law.(Industry and Institute News)

Article Excerpt
States cannot require the use of a certified appraiser for transactions below the de minimis level. So ruled a federal district court in a March 31, 2004, decision that found that to the extent the Financial Institutions Reform, Recovery and Enforcement Act conflicts with Pennsylvania state law, FIRREA supercedes....

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