Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 12 - Banks and Banking |
Chapter I - Comptroller of the Currency, Department of the Treasury |
Part 34 - Real Estate Lending and Appraisals |
Subpart E - Other Real Estate Owned |
§ 34.87 - Accounting treatment.
Latest version.
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§ 34.87 Accounting treatment.
A national bank shall account for OREO, and sales of OREO, in accordance with the Instructions for the preparation of the Consolidated Reports of Condition and Income.