12 CFR 339.6
§ 339.6 Required use of standard flood hazard determination form.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 339.6, § 339.6 Required use of standard flood hazard determination form, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46753
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Full text
(a) Use of form. An FDIC-supervised institution shall use the standard flood hazard determination form developed by the Administrator of FEMA when determining whether the building or mobile home offered as collateral security for a loan is or will be located in a special flood hazard area in which flood insurance is available under the Act. The standard flood hazard determination form may be used in a printed, computerized, or electronic manner. An FDIC-supervised institution may obtain the standard flood hazard determination form from FEMA's Web site at www.fema.gov.
(b) Retention of form. An FDIC-supervised institution shall retain a copy of the completed standard flood hazard determination form, in either hard copy or electronic form, for the period of time the FDIC-supervised institution owns the loan.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.