Title 12, Banks and BankingRelease 119-102
§3340 Time for Proposal and Adoption of Standards
Title 12 › CHAPTER 34A — APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL › § 3340
Summary
Appraisal standards must be proposed within 6 months and finalized and put into effect within 12 months after August 9, 1989.
Full Legal Text
Title 12, §3340
Banks and Banking, Source: USLM XML via OLRC
Appraisal standards established under this chapter shall be proposed not later than 6 months and shall be adopted in final form and become effective not later than 12 months after August 9, 1989.
Reference
Citations & Metadata
Citation
12 U.S.C. § 3340
Title 12, Banks and Banking
Last Updated
Aug 21, 2026
Release point: 119-102