S.D. Admin. R. 20:14:04:04

Current through Register Vol. 50, page 162, June 24, 2024

Section 20:14:04:04 - Appraisal not required

To determine whether or not an appraisal is needed under this article in connection with a federally related transaction, a financial institution shall comply with the interagency appraisal and evaluation guidelines as incorporated in § 20:14:14:02 and the threshold levels set by the federal financial institutions regulatory agencies, as applicable. Threshold levels are specified in § 20:14:04:05.

S.D. Admin. R. 20:14:04:04

18 SDR 36, effective 8/25/1991; 23 SDR 113, effective 1/12/1997; 47 SDR 071, effective 12/14/2020

General Authority: SDCL 36-21B-3.

Law Implemented: SDCL 36-21B-1, 36-21B-3(8).