Title 12Banks and BankingRelease 119-73

§3336 Procedures for establishing appraisal standards and requiring use of certified and licensed appraisers

Title 12 › Chapter CHAPTER 34A— - APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL › § 3336

Last updated Apr 6, 2026|Official source

Summary

Agencies must set appraisal rules for State-certified or licensed appraisers in federal transactions and must announce the rules and allow written comments or public hearings.

Full Legal Text

Title 12, §3336

Banks and Banking — Source: USLM XML via OLRC

Appraisal standards and requirements for using State certified and licensed appraisers in federally related transactions pursuant to this chapter shall be prescribed in accordance with procedures set forth in section 553 of title 5, including the publication of notice and receipt of written comments or the holding of public hearings with respect to any standards or requirements proposed to be established.

Reference

Citations & Metadata

Citation

12 U.S.C. § 3336

Title 12Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73