Qualified appraisal entity

Qualified appraisal entity means entity that has significant experience in the valuation of depository institutions and that has no past financial relationship with the merging credit union; the continuing bank, the continuing bank's owners, affiliates, or holding companies; or any law firm representing the credit union or the bank in connection with the merger.

Source

12 CFR § 708a.301


Scoping language

As used in this part:

Is this correct? or