---
type: "LegalText"
title: "12 U.S.C. § 3340"
description: "Time for proposal and adoption of standards"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "34A"
chapter_name: "APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL"
section: "3340"
citation: "12 U.S.C. § 3340"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s3340"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "458f5585214ac448c9d18a64cdb7c1535010f6145cf33efdba9fb2a41f770e02"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "67ab387ca0d4510180fdf1c45f331c23bb9a5ee4006fcc4dce602ff371efeba3"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 3340 - Time for proposal and adoption of standards

## Text

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.

(Pub. L. 101–73, title XI, § 1111, Aug. 9, 1989, 103 Stat. 514.)