Federal Register / Vol. 75, No. 246 / Thursday, December 23, 2010 / Notices 80813 

[FR Doc. 2010–32205 Filed 12–22–10; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Update to Notice of Financial 

Institutions for Which the Federal 

Deposit Insurance Corporation Has 

Been Appointed Either Receiver, 

Liquidator, or Manager 

AGENCY: Federal Deposit Insurance 

Corporation. 

ACTION: Update Listing of Financial 

Institutions in Liquidation. 

SUMMARY: Notice is hereby given that 

the Federal Deposit Insurance 

Corporation (Corporation) has been 

appointed the sole receiver for the 

following financial institutions effective 

as of the Date Closed as indicated in the 

listing. This list (as updated from time 

to time in the Federal Register) may be 

relied upon as ‘‘of record’’ notice that the 

Corporation has been appointed receiver 

for purposes of the statement of policy 

published in the July 2, 1992 issue of 

the Federal Register (57 FR 29491). For 

further information concerning the 

identification of any institutions which 

have been placed in liquidation, please 

visit the Corporation Web site at http:// 

www.fdic.gov/bank/individual/failed/ 

banklist.html or contact the Manager of 

Receivership Oversight in the 

appropriate service center. 

Dated: November 22, 2010. 

Pamela Johnson, 

Regulatory Editing Specialist, Federal Deposit 

Insurance Corporation. 

INSTITUTIONS IN LIQUIDATION

[In alphabetical order] 

FDIC Ref. No. Bank name City State Date closed 

10314 ................ Allegiance Bank of North America .................... Bala Cynwyd ..................................................... PA 11/19/2010 

10315 ................ First Banking Center ......................................... Burlington .......................................................... WI 11/19/2010 

10316 ................ Gulf State Community Bank .............................. Carrabelle .......................................................... FL 11/19/2010 

[FR Doc. 2010–32206 Filed 12–22–10; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL FINANCIAL INSTITUTIONS 

EXAMINATION COUNCIL 

[Docket No. AS10–12] 

Appraisal Subcommittee (ASC); ASC 

Rules of Operation; Amended 

AGENCY: Appraisal Subcommittee of the 

Federal Financial Institutions 

Examination Council. 

ACTION: Notice of adoption of amended 

ASC Rules of Operation by vote of the 

ASC at its December 8, 2010 meeting. 

The amended ASC Rules of Operation 

supersede the ASC Rules of Operation 

as published in 56 FR 28561 (June 21, 

1991), and as previously amended by 56 

FR 33451 (July 22, 1991); therefore, 56 

FR 28561 and 56 FR 33451 will be 

withdrawn, removed, and deleted upon 

publication of the amended ASC Rules 

of Operation. 

SUMMARY: This notice announces the 

Appraisal Subcommittee (ASC) of the 

Federal Financial Institutions 

Examination Council’s (FFIEC) adoption 

of its amended ASC Rules of Operation. 

The ASC Rules of Operation serve as 

corporate bylaws outlining the ASC’s 

purpose, functions, authority, 

organization and operation. 

SUPPLEMENTARY INFORMATION: Section 

1102 (12 U.S.C. 3310) of Title XI of the 

Financial Institutions Reform, Recovery, 

and Enforcement Act of 1989 (Title XI) 

established the ASC. The Dodd-Frank 

Wall Street Reform and Consumer 

Protection Act of 2010 (the Dodd-Frank 

Act) amended numerous provisions in 

Title XI. The amended ASC Rules of 

Operation reflect the amendments to 

Title XI brought about by the DoddFrank Act, and describe, among other 

things, the organization of ASC 

meetings, notice requirements for 

meetings, quorum requirements, and 

certain practices regarding the 

disclosure of information. 

DATES: Effective Date: Immediately. 

FOR FURTHER INFORMATION CONTACT: 

James R. Park, Executive Director, at 

(202) 595–7575, or Alice M. Ritter, 

General Counsel, at (202) 595–7577, via 

Internet e-mail at jim@asc.gov and 

alice@asc.gov, respectively, or by U.S. 

Mail at Appraisal Subcommittee, 1401 

H Street, NW., Suite 760, Washington, 

DC 20005. 

* * * * * 

ASC Rules of Operation 

Article I 

Nature and Purpose 

Section 1.01. Appraisal Subcommittee 

Established. 

The Appraisal Subcommittee (ASC) is 

established by Title XI of the Financial 

Institutions Reform, Recovery, and 

Enforcement Act of 1989 (Title XI), as 

amended by the Dodd-Frank Wall Street 

Reform and Consumer Protection Act of 

2010 (Dodd-Frank Act). 

Section 1.02. Definitions. 

(1) Appraisal Subcommittee; ASC. 

The terms ‘‘Appraisal Subcommittee’’ 

and ‘‘ASC’’ mean the Appraisal 

Subcommittee of the Federal Financial 

Institutions Examination Council. 

(2) Title XI. The term ‘‘Title XI’’ means 

Title XI of the Financial Institutions 

Reform, Recovery, and Enforcement Act 

of 1989 (Pub. L 101–73, 103 Stat. 511 

(1989) 12 U.S.C. 3310, 3331–3351). 

(3) Federal financial institutions 

regulatory agencies. The term ‘‘Federal 

financial institutions regulatory 

agencies’’ means the Board of Governors 

of the Federal Reserve System, the 

Federal Deposit Insurance Corporation, 

the Office of the Comptroller of the 

Currency, the Office of Thrift 

Supervision, and the National Credit 

Union Administration. 

(4) ASC members. The term ‘‘ASC 

members’’ means those persons 

designated as representatives to the 

Appraisal Subcommittee pursuant to: 

a) section 1011 of the Federal 

Financial Institutions Examination 

Council Act of 1978 (12 U.S.C. 3310), as 

added by section 1102 of Title XI and 

amended by section 1473(s) of the 

Dodd-Frank Act; and 

b) the Department of Housing and 

Urban Development pursuant to 12 

U.S.C. 1708(e)(2). 

(5) Member agency. The term 

‘‘member agency’’ means those agencies 

authorized to appoint designees to the 

Appraisal Subcommittee described in: 

a) section 1011 of the Federal 

Financial Institutions Examination 

Council Act of 1978 (12 U.S.C. 3310), as 

added by section 1102 of Title XI and 

amended by section 1473(s) of the 

Dodd-Frank Act; and 

b) the Department of Housing and 

Urban Development pursuant to 12 

U.S.C. 1708(e)(2). 

(6) Council. The term ‘‘Council’’ 

means the Federal Financial Institutions 

Examinations Council. 

(7) Chairperson. The term 

‘‘Chairperson’’ means the Chairperson of 

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