{"data":{"id":"us/12-cfr-22.4","jurisdiction":"us","citation":"12 CFR 22.4","heading":"Exemptions.","body":"The flood insurance requirement prescribed by § 22.3 does not apply with respect to:\n(a) Any State-owned property covered under a policy of self-insurance satisfactory to the Administrator of FEMA, who publishes and periodically revises the list of States falling within this exemption;\n(b) Property securing any loan with an original principal balance of $5,000 or less and a repayment term of one year or less; or\n(c) Any structure that is a part of any residential property but is detached from the primary residential structure of such property and does not serve as a residence. For purposes of this paragraph (c):\n(1) “A structure that is a part of a residential property” is a structure used primarily for personal, family, or household purposes, and not used primarily for agricultural, commercial, industrial, or other business purposes;\n(2) A structure is “detached” from the primary residential structure if it is not joined by any structural connection to that structure; and\n(3) “Serve as a residence” shall be based upon the good faith determination of the national bank or Federal savings association that the structure is intended for use or actually used as a residence, which generally includes sleeping, bathroom, or kitchen facilities.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 22—LOANS IN AREAS HAVING SPECIAL FLOOD HAZARDS"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"8b22b4536f3bc0391ba242b9c618fd4ca39da47cb226c8591f13a4c6c0c92bd8","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-22.3","next":"us/12-cfr-22.5"},"notice":"GroundRules: Original legal text. Not legal advice."}