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Federal regulations · Through 2026-08-25 · Newer source version available

12 CFR 1102.9: Waiver termination.

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Where this section sits in the code
  1. Title 12—Banks and Banking
  2. CHAPTER XI—FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
  3. PART 1102—APPRAISER REGULATION
  4. Subpart A—Temporary Waiver Requests

(a) Mandatory waiver termination. The ASC shall terminate a temporary waiver Order when the ASC determines that significant delays in the performance of appraisals by certified or licensed appraisers no longer exist.

(b) Discretionary waiver termination. The ASC at any time may terminate a waiver Order on the finding that the terms and conditions of the waiver Order are not being satisfied.

(c) Publication in the Federal Register. The ASC shall publish either a mandatory or discretionary waiver termination in the Federal Register, and a discretionary waiver termination requires such publication with a 30-day comment period. In the absence of further ASC action to the contrary, a discretionary waiver termination automatically becomes final 21 calendar days after the close of the comment period. A mandatory waiver termination is final upon such a determination being made by the ASC.

Collected 2026-08-27T02:24:16Z. Source file · JSON

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