12 CFR § 34.24 - Nonfederally chartered commercial banks.

---
identifier: "/us/cfr/t12/s34.24"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 34.24 - Nonfederally chartered commercial banks."
title_number: 12
title_name: "Banks and Banking"
section_number: "34.24"
section_name: "Nonfederally chartered commercial banks."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "34"
part_name: "REAL ESTATE LENDING AND APPRAISALS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1  25b, 29, 93a, 371, 1462a, 1463, 1464, 1465, 1701j-3, 1828(o), 3331  5101  5412(b)(2)(B) and 15 U.S.C. 1639h."
cfr_part: "34"
---


# 34.24 Nonfederally chartered commercial banks.

Pursuant to 12 U.S.C. 3803(a), a State chartered commercial bank may make ARM loans in accordance with the provisions of this subpart. For purposes of this section, the term “State” shall have the same meaning as set forth in § 34.2(b).