[Federal Register Volume 76, Number 70 (Tuesday, April 12, 2011)]
[Notices]
[Pages 20459-20460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-8603]
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DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Savings and Loan Holding Company Application
AGENCY: Office of Thrift Supervision (OTS), Treasury.
ACTION: Notice and request for comment.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to comment on proposed and continuing
information collections, as required by the Paperwork Reduction Act of
1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the
Department of the Treasury will submit the proposed information
collection requirement described below to the Office of Management and
Budget (OMB) for review, as required by the Paperwork Reduction Act.
Today, OTS is soliciting public comments on its proposal to extend this
information collection.
DATES: Submit written comments on or before June 13, 2011.
ADDRESSES: Send comments, referring to the collection by title of the
proposal or by OMB approval number, to Information Collection Comments,
Chief
[[Page 20460]]
Counsel's Office, Office of Thrift Supervision, 1700 G Street, NW.,
Washington, DC 20552; send a facsimile transmission to (202) 906-6518;
or send an e-mail to [email protected]. OTS will
post comments and the related index on the OTS Internet Site at http://www.ots.treas.gov. In addition, interested persons may inspect comments
at the Public Reading Room, 1700 G Street, NW. by appointment. To make
an appointment, call (202) 906-5922, send an e-mail to
public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to (202)
906-7755.
FOR FURTHER INFORMATION CONTACT: You can request additional information
about this proposed information collection from Donald W. Dwyer on
(202) 906-6414, Office of Thrift Supervision, 1700 G Street, NW.,
Washington, DC 20552.
SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an
information collection, and respondents are not required to respond to
an information collection, unless the information collection displays a
currently valid OMB control number. As part of the approval process, we
invite comments on the following information collection.
Comments should address one or more of the following points:
a. Whether the proposed collection of information is necessary for
the proper performance of the functions of OTS;
b. The accuracy of OTS's estimate of the burden of the proposed
information collection;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected;
d. Ways to minimize the burden of the information collection on
respondents, including through the use of information technology.
We will summarize the comments that we receive and include them in
the OTS request for OMB approval. All comments will become a matter of
public record. In this notice, OTS is soliciting comments concerning
the following information collection.
Title of Proposal: Savings and Loan Holding Company Application.
OMB Number: 1550-0015.
Form Numbers: H-(e).
Description: Section 10(e) of the Home Owners' Loan Act, 12 U.S.C.
1467a(e), and its implementing regulations provide that no company, or
any director or officer of a savings and loan holding company, or any
individual who owns, controls, or holds with power to vote (or holds
proxies representing) more than 25 percent of the voting stock of a
savings and loan holding company, shall acquire control of a savings
association except upon receipt of written approval of OTS. While this
prohibition and approval requirement applies to certain persons
affiliated with a savings and loan holding company, a similar
prohibition and approval requirement applies to other persons who seek
to control a savings association. However, a transaction may be exempt.
OTS analyzes each holding company application to determine whether
the applicant meets the statutory criteria set forth in Section 10(e)
of the Act to become a savings and loan holding company. The forms are
reviewed for adequacy of answers to items and completeness in all
material respects.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit.
Estimated Number of Respondents: 65.
Estimated Frequency of Response: On occasion.
Estimated Total Burden: 32,500 hours.
Dated: April 6, 2011.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift
Supervision.
[FR Doc. 2011-8603 Filed 4-11-11; 8:45 am]
BILLING CODE 6720-01-P