ARSD 20:14:04:05. Threshold levels

Each federal financial institution's regulatory agency may establish a threshold level at or below which a certified or licensed appraiser is not required to perform appraisals in connection with real estate-related financial transactions. The threshold levels established by each federal financial institution's regulatory agency are as follows: (1) National Credit Union Administration, 12 CFR § 722.3 (April 30, 2020); (2) OCC, 12 C.F.R. § 34.43 (April 17, 2020); (3) FDIC, 12 C.F.R. § 323.3 (April 17, 2020); (4) Fed, 12 C.F.R. § 225.63 (April 17, 2020).