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2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 3335 Powers of Appraisal Subcommittee us united_states_code code_section 12 BANKS AND BANKING 34A APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL 3335 12 U.S.C. § 3335 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/s3335 data/legal/raw/us/code/title-12/usc12.xml d39d8263f75eb7b4fc5a8cb4a6cd8b9363ac58147f291a4f7a82bbd72ded89fc e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa cad20d309f96c38c82243645df3e2aa152d43d63b2018b1f6472933f3f38cf5b 2026-07-04 official
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12 U.S.C. § 3335 - Powers of Appraisal Subcommittee

Text

The Appraisal Subcommittee may, for the purpose of carrying out this chapter, establish advisory committees, hold hearings prescribe 11 So in original. Probably should be preceded by a comma. regulations in accordance with chapter 5 of title 5 (commonly referred to as the Administrative Procedures Act) after notice and opportunity for comment,,22 So in original. sit and act at times and places, take testimony, receive evidence, provide information, and perform research, as the Appraisal Subcommittee considers appropriate. Any regulations prescribed by the Appraisal Subcommittee shall (unless otherwise provided in this chapter) be limited to the following functions: temporary practice, national registry, information sharing, and enforcement. For purposes of prescribing regulations, the Appraisal Subcommittee shall establish an advisory committee of industry participants, including appraisers, lenders, consumer advocates, real estate agents, and government agencies, and hold meetings as necessary to support the development of regulations.

(Pub. L. 10173, title XI, § 1106, Aug. 9, 1989, 103 Stat. 512; Pub. L. 111203, title XIV, § 1473(d), July 21, 2010, 124 Stat. 2191.)

Notes

Editorial Notes

References in TextThis chapter, referred to in text, was in the original “this title”, meaning title XI of Pub. L. 10173, which is classified principally to this chapter. For complete classification of title XI to the Code, see Tables.

Amendments2010—Pub. L. 111203 inserted “prescribe regulations in accordance with chapter 5 of title 5 (commonly referred to as the Administrative Procedures Act) after notice and opportunity for comment,” after “hold hearings” and “Any regulations prescribed by the Appraisal Subcommittee shall (unless otherwise provided in this chapter) be limited to the following functions: temporary practice, national registry, information sharing, and enforcement. For purposes of prescribing regulations, the Appraisal Subcommittee shall establish an advisory committee of industry participants, including appraisers, lenders, consumer advocates, real estate agents, and government agencies, and hold meetings as necessary to support the development of regulations.” 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.