§1102.4. Petition requesting the ASC initiate a temporary waiver proceeding. — Inbound Citations

(c) Petition means information submitted to the ASC by the Federal or State financial institutions regulatory agencies, their respective regulated financial institutions, or other persons or institutions with a demonstrable interest in appraiser regulation, including a State Appraisal Agency, asking the ASC to exercise its discretionary authority to initiate a temporary waiver proceeding, and that meets the requirements, as determined by the ASC, set forth in § 1102.4.

(a) The State Appraisal Agency for the State in which the temporary waiver relief is sought may file a Request for Temporary Waiver.

(a) The ASC shall publish promptly in the Federal Register a notice respecting:

(1) A received Request for Temporary Waiver (see § 1102.3(c)); or

(2) An ASC Order initiating a temporary waiver proceeding (see § 1102.5).