Title 12, Banks and BankingRelease 119-102
§3336 Procedures for Establishing Appraisal Standards and Requiring Use of Certified and Licensed Appraisers
Title 12 › CHAPTER 34A — APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL › § 3336
Summary
Federal agencies must set appraisal rules for when federally related transactions under this chapter must use state-certified or licensed appraisers. They have to follow the steps in section 553 of Title 5, which include publishing a notice and either taking written comments or holding public hearings on any proposed rules.
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 12, Banks and Banking
Last Updated
Aug 21, 2026
Release point: 119-102