[Federal Register: May 8, 2009 (Volume 74, Number 88)]
[Notices]
[Page 21739-21740]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr08my09-124]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Proposed Information
Collection; Comment Request
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and request for comment.
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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to take this opportunity to comment on a continuing
information collection, as required by the Paperwork Reduction Act of
1995. An agency may not conduct or sponsor, and a respondent is not
required to respond to, an information collection unless it displays a
currently valid OMB control number. The OCC is soliciting comment
concerning its information collection titled, ``Bank Activities and
Operations.''
DATES: You should submit written comments by July 7, 2009.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Mailstop 2-3, Attention: 1557-0204, 250 E Street, SW.,
Washington, DC 20219. In addition, comments may be sent by fax to (202)
874-5274, or by electronic mail to regs.comments@occ.treas.gov. You may
personally inspect and photocopy comments at the OCC, 250 E Street,
SW., Washington, DC. For security reasons, the OCC requires that
visitors make an appointment to inspect comments. You may do so by
calling (202) 874-4700. Upon arrival, visitors will be required to
present valid government-issued photo identification and submit to
security screening in order to inspect and photocopy comments.
Additionally, you should send a copy of your comments to OCC Desk
Officer, 1557-0204, by mail to U.S. Office of Management and Budget,
725 17th Street, NW., 10235, Washington, DC 20503, or by fax
to (202) 395-6974.
FOR FURTHER INFORMATION CONTACT: You can request additional information
or a copy of the collection from Mary H. Gottlieb, OCC Clearance
Officer, (202) 874-5090, Legislative and Regulatory Activities
Division, Office of the Comptroller of the Currency, 250 E Street, SW.,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval,
without change, of the following information collection:
Title: Bank Activities and Operations--12 CFR 7.
OMB Control No.: 1557-0204.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The OCC requests only that OMB extend its approval of the
information collection.
The information collection requirements ensure that national banks
conduct their operations in a safe and sound manner and in accordance
with applicable Federal banking statutes and regulations. The
information is necessary for regulatory and examination purposes.
The information collection requirements in part 7 are as follows:
12 CFR 7.1000(d)(1) (National bank ownership of property--
Lease financing of public facilities): National bank lease agreements
must provide that the lessee will become the owner of the building or
facility upon the expiration of the lease.
12 CFR 7.1014 (Sale of money orders at nonbanking
outlets): A national bank may designate bonded agents to sell the
bank's money orders at nonbanking outlets. The responsibility of both
the bank and its agent should be defined in a written agreement setting
forth the duties of both parties and providing for remuneration of the
agent.
12 CFR 7.2000(b) (Corporate governance procedures--Other
sources of guidance): A national bank shall designate in its bylaws the
body of law selected for its corporate governance procedures.
12 CFR 7.2004 (Honorary directors or advisory boards): Any
listing of a national bank's honorary or advisory directors must
distinguish between them and the bank's board of directors or indicate
their advisory status.
12 CFR 7.2014(b) (Indemnification of institution-
affiliated parties--Administrative proceeding or civil actions not
initiated by a Federal agency): A national bank shall designate in its
bylaws the body of law selected for making indemnification payments.
12 CFR 7.2024(a) Staggered terms for national bank
directors--Any national bank may adopt bylaws that provide for
staggering the terms of its directors. National banks shall provide the
OCC with copies of any bylaws so amended.
12 CFR 7.2024(c) Size of bank board--A national bank
seeking to increase the number of its directors must notify the OCC any
time the proposed size would exceed 25 directors.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 1,300.
Estimated Total Annual Responses: 1,300.
Estimated Total Annual Burden: 418 hours.
Frequency of Response: On occasion.
Comments submitted in response to this notice will be summarized
and included in the request for OMB approval. All comments will become
a matter of public record. Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information has practical utility;
(b) The accuracy of the agency's estimate of the burden of the
collection of information;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection on respondents,
including
[[Page 21740]]
through the use of automated collection techniques or other forms of
information technology; and
(e) Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
Dated: May 4, 2009.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. E9-10776 Filed 5-7-09; 8:45 am]
BILLING CODE 4810-33-P