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LegalText 12 U.S.C. § 3333 Chairperson of Appraisal Subcommittee; term of Chairperson; meetings us united_states_code code_section 12 BANKS AND BANKING 34A APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL 3333 12 U.S.C. § 3333 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s3333 data/legal/raw/us/code/title-12/usc12.xml 2480d860be75f16a73dbfbf9e030d11e4855ae0308a8694d1ea9ba44f5cb102d e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 3c3b3227b6e8ad0777e89167576620407f2670a82b89d103de5ff8b6e51161c2 2026-07-04 official
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12 U.S.C. § 3333 - Chairperson of Appraisal Subcommittee; term of Chairperson; meetings

Text

(a) Chairperson The Council shall select the Chairperson of the subcommittee. The term of the Chairperson shall be 2 years.

(b) Meetings; quorum; voting The Appraisal Subcommittee shall meet in public session after notice in the Federal Register, but may close certain portions of these meetings related to personnel and review of preliminary State audit reports, at the call of the Chairperson or a majority of its members when there is business to be conducted. A majority of members of the Appraisal Subcommittee shall constitute a quorum but 2 or more members may hold hearings. Decisions of the Appraisal Subcommittee shall be made by the vote of a majority of its members. The subject matter discussed in any closed or executive session shall be described in the Federal Register notice of the meeting.

(Pub. L. 10173, title XI, § 1104, Aug. 9, 1989, 103 Stat. 512; Pub. L. 111203, title XIV, § 1473(c), July 21, 2010, 124 Stat. 2191.)

Notes

Editorial Notes

Amendments2010—Subsec. (b). Pub. L. 111203 inserted “in public session after notice in the Federal Register, but may close certain portions of these meetings related to personnel and review of preliminary State audit reports,” after “shall meet” and “The subject matter discussed in any closed or executive session shall be described in the Federal Register notice of the meeting.” at the end.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 AmendmentAmendment by Pub. L. 111203 effective on the date on which final regulations implementing that amendment take effect, or on the date that is 18 months after the designated transfer date if such regulations have not been issued by that date, see section 1400(c) of Pub. L. 111203, set out as a note under section 1601 of Title 15, Commerce and Trade.