# 12 CFR § 1266.10: Collateral valuation; appraisals

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.10

## Section

- **Citation:** 12 CFR § 1266.10
- **Heading:** Collateral valuation; appraisals
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY > SUBCHAPTER D—FEDERAL HOME LOAN BANKS > PART 1266—ADVANCES > Subpart A—Advances to Members

## Text

(a) Collateral valuation. Each Bank shall determine the value of collateral securing the Bank's advances in accordance with the collateral valuation procedures set forth in the Bank's member products policy established pursuant to § 1239.30 of this chapter.
(b) Fair application of procedures. Each Bank shall apply the collateral valuation procedures consistently and fairly to all borrowing members, and the valuation ascribed to any item of collateral by the Bank shall be conclusive as between the Bank and the member.
(c) Appraisals. A Bank may require a member to obtain an appraisal of any item of collateral, and to perform such other investigations of collateral as the Bank deems necessary and proper.
[65 FR 44430, July 18, 2000, as amended at 81 FR 76297, Nov. 2, 2016]

## Nearby sections

- [12 CFR § 1266.1 § 1266.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.1.md)
- [12 CFR § 1266.2 § 1266.2 Authorization and application for advances; obligation to repay advances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.2.md)
- [12 CFR § 1266.3 § 1266.3 Purpose of long-term advances; Proxy test.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.3.md)
- [12 CFR § 1266.4 § 1266.4 Limitations on access to advances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.4.md)
- [12 CFR § 1266.5 § 1266.5 Terms and conditions for advances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.5.md)
- [12 CFR § 1266.6 § 1266.6 Fees.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.6.md)
- [12 CFR § 1266.7 § 1266.7 Collateral.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.7.md)
- [12 CFR § 1266.8 § 1266.8 Banks as secured creditors.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.8.md)
- [12 CFR § 1266.9 § 1266.9 Pledged collateral; verification.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.9.md)
- [12 CFR § 1266.10 § 1266.10 Collateral valuation; appraisals.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.10.md)
- [12 CFR § 1266.12 § 1266.12 Intradistrict transfer of advances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.12.md)
- [12 CFR § 1266.13 § 1266.13 Special advances to savings associations.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.13.md)
- [12 CFR § 1266.14 § 1266.14 Advances to the Savings Association Insurance Fund.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.14.md)
- [12 CFR § 1266.15 § 1266.15 Liquidation of advances upon termination of membership.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.15.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.10. Check the current official text before relying on it. Not legal advice.