(1) All moneys, fees and charges collected or received by the Appraiser Certification and Licensure Board pursuant to ORS 674.250 and 674.330 shall be paid into the account created by the board under ORS 182.470. All moneys in the account are appropriated continuously to the board to carry out the duties that the board is charged with administering. (2) The Federal Registry Fund is established in the account created by the board under ORS 182.470. Proceeds received under ORS 674.250 (1) and 674.330 (1) shall be deposited in the Federal Registry Fund for the sole purpose of remitting the funds to the Federal Financial Institutions Examination Council in accordance with the federal Act.
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