[Code of Federal Regulations]
[Title 12, Volume 2]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR208.50]

[Page 242-243]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 208--MEMBERSHIP OF STATE BANKING INSTITUTIONS IN THE FEDERAL RESERVE SYSTEM (REGULATION H)--Table of Contents
 
         Subpart E--Real Estate Lending and Appraisal Standards
 
Sec. 208.50  Authority, purpose, and scope.

    Source: 63 FR 37655, July 13, 1998, unless otherwise noted.


    (a) Authority. Subpart E of Regulation H (12 CFR part 208, subpart 
E) is issued by the Board of Governors of the Federal Reserve System 
under section 304 of the Federal Deposit Insurance Corporation 
Improvement Act of 1991, 12 U.S.C. 1828(o) and Title 11 of the Financial 
Institutions Reform, Recovery, and Enforcement Act (12 U.S.C. 3331-
3351).
    (b) Purpose and scope. This subpart E prescribes standards for real 
estate lending to be used by member banks in adopting internal real 
estate lending policies. The standards applicable to appraisals rendered 
in connection with federally related transactions entered into by member 
banks are set forth in

[[Page 243]]

12 CFR part 225, subpart G (Regulation Y).