Technical Amendments, 17-19 [E7-25000]
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Federal Register / Vol. 73, No. 1 / Wednesday, January 2, 2008 / Rules and Regulations
governing the collection of a debt by
salary offset.
Subpart H—Cooperation With the
Internal Revenue Service
Authority: 26 U.S.C. 61; 31 U.S.C. 3720A;
I TFRM 4055.50.
§ 3.90 Reporting discharged debts to the
Internal Revenue Service.
When USDA discharges a debt,
whether for the full value or less, it will
report the discharge to the Internal
Revenue Service (IRS) in accordance
with current IRS instructions.
Signed at Washington, DC on December 20,
2007.
Charles F. Conner,
Acting Secretary of Agriculture.
[FR Doc. E7–25388 Filed 12–31–07; 8:45 am]
BILLING CODE 3410–KS–P
NUCLEAR REGULATORY
COMMISSION
10 CFR Part 72
RIN 3150–AI23
List of Approved Spent Fuel Storage
Casks: HI-STORM 100 Revision 4,
Confirmation of Effective Date
Nuclear Regulatory
Commission.
ACTION: Direct final rule: Confirmation
of effective date.
pwalker on PROD1PC71 with RULES
AGENCY:
SUMMARY: The Nuclear Regulatory
Commission (NRC) is confirming the
effective date of January 8, 2008, for the
direct final rule that was published in
the Federal Register on October 25,
2007 (72 FR 60543). This direct final
rule amended the NRC’s regulations to
revise the HI-STORM 100 cask system
listing to include Amendment No. 4 to
Certificate of Compliance (CoC) No.
1014.
DATES: Effective Date: The effective date
of January 8, 2008, is confirmed for this
direct final rule.
ADDRESSES: Documents related to this
rulemaking, including any comments
received, may be examined at the NRC
Public Document Room, located at One
White Flint North, 11555 Rockville
Pike, Rockville, MD 20852.
FOR FURTHER INFORMATION CONTACT:
Jayne M. McCausland, Office of Federal
and State Materials and Environmental
Management Programs, U.S. Nuclear
Regulatory Commission, Washington,
DC 20555, telephone (301) 415–6219,
e-mail jmm2@nrc.gov.
SUPPLEMENTARY INFORMATION: On
October 25, 2007 (72 FR 60543), the
VerDate Aug<31>2005
19:41 Dec 31, 2007
Jkt 214001
NRC published a direct final rule
amending its regulations at 10 CFR
72.214 to revise the HI-STORM 100 cask
system listing within the ‘‘List of
Approved Spent Fuel Storage Casks’’ to
include Amendment No. 4 to CoC No.
1014. This amendment modifies the
CoC by adding site-specific options to
permit use of a modified HI-STORM 100
cask system at the Indian Point Unit 1
(IP1) Independent Spent Fuel Storage
Installation. These options include the
shortening of the HI-STORM 100S
Version B, Multi-Purpose Canister
(MPC)–32 and MPC–32F, and the HITRAC 100D Canister to accommodate
site-specific restrictions. Additional
changes address the Technical
Specification (TS) definition of
transport operations and associated
language in the safety analysis report;
the soluble boron requirements for
Array/Class 14×14E IP1 fuel; the helium
gas backfill requirements for Array/
Class 14×14E IP1 fuel; the addition of a
fifth damaged fuel container design
under the TS definition for damaged
fuel container; addition of separate
burnup, cooling time, and decay heat
limits for Array/Class 14×14 IP1 fuel for
loading in an MPC–32 and MPC–32F;
addition of antimony-beryllium
secondary sources as approved contents;
the loading of all IP1 fuel assemblies in
damaged fuel containers; the preclusion
of loading of IP1 fuel debris in the
MPC–32 or MPC–32F; the reduction of
the maximum enrichment for Array/
Class 14×14E IP1 fuel from 5.0 to 4.5
weight percent uranium-235; changes to
licensing drawings to differentiate the
IP1 MPC–32 and MPC–32F from the
previously approved MPC–32 and
MPC–32F; and other editorial changes,
including replacing all references to
U.S. Tool and Die with Holtec
Manufacturing Division. In the direct
final rule, NRC stated that if no
significant adverse comments were
received, the direct final rule would
become final on January 8, 2008. The
NRC did not receive any comments on
the direct final rule. Therefore, this rule
will become effective as scheduled.
Dated at Rockville, Maryland, this 26th day
of December, 2007.
For the Nuclear Regulatory Commission.
Michael T. Lesar,
Chief, Rulemaking, Directives and Editing
Branch, Division of Administrative Services,
Office of Administration.
[FR Doc. E7–25439 Filed 12–31–07; 8:45 am]
BILLING CODE 7590–01–P
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17
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
12 CFR Parts 558, 563, 564, 567, and
574
[OTS No. 2007–0025]
Technical Amendments
Office of Thrift Supervision,
Treasury.
ACTION: Final rule.
AGENCY:
SUMMARY: The Office of Thrift
Supervision (OTS) is amending its
regulations to incorporate a number of
technical and conforming amendments.
They include clarifications and
corrections of typographical errors.
DATES: Effective Date: January 2, 2008.
FOR FURTHER INFORMATION CONTACT:
Sandra E. Evans, Legal Information
Assistant (Regulations), (202) 906–6076,
Regulations and Legislation Division,
Chief Counsel’s Office, Office of Thrift
Supervision, 1700 G Street, NW.,
Washington, DC 20552.
SUPPLEMENTARY INFORMATION: OTS is
amending its regulations to incorporate
a number of technical and conforming
amendments. OTS is making the
following miscellaneous changes:
• Sections 558.1 and 558.2—
Procedure upon taking possession;
notice of appointment. OTS’s
regulations at 12 CFR 558.1 provides
that when OTS appoints a conservator
or receiver, the conservator or receiver
shall, upon taking possession of the
institution: (1) Give notice of the
appointment to any officer or employee
of the institution who appears to be in
charge at the institution’s principal
office, and (2) serve a copy of the order
of appointment upon the savings
association or an existing conservator or
receiver by leaving a copy of the order
at the principal office or by handing a
copy of the order to specified persons.
This final rule modifies §§ 558.1 and
558.2 to increase administrative
flexibility by providing that the Director
of OTS will designate those persons or
entities that will give notice and make
service. In addition, reference to service
on prior receivers is eliminated because
the OTS may appoint only the Federal
Deposit Insurance Corporation as a
receiver of a savings association.
• Section 563.43—Loans by savings
associations to their executive officers,
directors and principal shareholders.
The final rule revises the introductory
paragraph to remove the reference to
subparts A and B of the Federal Reserve
Board’s Regulation O (12 CFR Part 215)
as Regulation O is no longer divided
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18
Federal Register / Vol. 73, No. 1 / Wednesday, January 2, 2008 / Rules and Regulations
into subparts. The introductory
paragraph is also revised to remove the
reference to § 215.13 since that section
no longer exists.
• Section 564.8—Appraisal policies
and practices of savings associations
and subsidiaries. The incorrect
reference to § 563.172 in paragraph (a)
‘‘Introduction’’ is removed.
• Section 567.5—Components of
capital. Section 567.5(b)(1)(iv), which
refers to net worth certificates, and
section 567.5(b)(1)(v), which refers to
income capital certificates, are obsolete
and are removed. All of these
certificates have been redeemed and no
longer exist.
• Section 567.12—Intangible assets,
servicing assets, and credit-enhancing
interest-only strips. The practice of
grandfathering core deposit intangibles
(CDIs) is no longer relevant because all
CDIs were fully amortized as of 2002.
Therefore, § 567.12(g) is removed.
• Section 574.2(c)(3)—Definitions.
The cross-reference to § 563b.2(a)(39) is
corrected by replacing it with a crossreference to § 563b.25.
Administrative Procedure Act; Riegle
Community Development and
Regulatory Improvement Act of 1994
OTS finds that there is good cause to
dispense with prior notice and comment
on this final rule and with the 30-day
delay of effective date mandated by the
Administrative Procedure Act.1 OTS
believes that these procedures are
unnecessary and contrary to the public
interest because the rule merely makes
changes to agency procedures and
technical changes to existing provisions.
Because the amendments in the rule are
not substantive, these changes will not
affect savings associations.
Section 302 of the Riegle Community
Development and Regulatory
Improvement Act of 1994 provides that
regulations that impose additional
reporting, disclosure, or other new
requirements may not take effect before
the first day of the quarter following
publication.2 This section does not
apply because this final rule imposes no
additional requirements and makes only
technical changes to existing
regulations.
pwalker on PROD1PC71 with RULES
OTS has determined that this rule is
not a ‘‘significant regulatory action’’ for
purposes of Executive Order 12866.
Unfunded Mandates Reform Act of
1995
OTS has determined that the
requirements of this final rule will not
result in expenditures by State, local,
and tribal governments, or by the
private sector, of $100 million or more
in any one year. Accordingly, a
budgetary impact statement is not
required under section 202 of the
Unfunded Mandates Reform Act of
1995.
List of Subjects
12 CFR Part 558
Savings associations.
12 CFR Part 563
Accounting, Administrative practice
and procedure, Advertising, Conflict of
interests, Crime, Currency, Holding
companies, Investments, Mortgages,
Reporting and recordkeeping
requirements, Savings associations,
Securities, Surety bonds.
12 CFR Part 564
Mortgages, Reporting and
recordkeeping requirements, Savings
associations.
12 CFR Part 567
15
U.S.C. 553.
2 Pub. L. 103–325, 12 U.S.C. 4802.
3 Pub. L. 96–354, 5 U.S.C. 601.
Jkt 214001
§ 558.2
Notice of appointment.
(a) When the Director of OTS issues
an order for the appointment of a
conservator or receiver, the Director will
designate the persons or entities whose
employees or agents must, before the
conservator or receiver takes possession
of the savings association:
(1) Give notice of the appointment to
any officer or employee who is present
in and appears to be in charge at the
principal office of the savings
association as determined by OTS.
(2) Serve a copy of the order for the
appointment upon the savings
association or upon the conservator by:
(i) Leaving a certified copy of the
order of appointment at the principal
office of the savings association as
determined by OTS; or
(ii) Handing a certified copy of the
order of appointment to the previous
conservator of the savings association,
or to the officer or employee of the
savings association, or to the previous
conservator who is present in and
appears to be in charge at the principal
office of the savings association as
determined by OTS.
(3) File with the Secretary of OTS a
statement that includes the date and
time that notice of the appointment was
given and service of the order of
appointment was made.
(b) If the Director of OTS appoints a
conservator or receiver under this part,
OTS will immediately file a notice of
the appointment for publication in the
Federal Register.
Reporting and recordkeeping
requirements, Savings associations.
PART 563—SAVINGS
ASSOCIATIONS—OPERATIONS
12 CFR Part 574
I
Administrative practice and
procedure, Holding companies,
Reporting and recordkeeping
requirements, Savings associations,
Securities.
I Accordingly, the Office of Thrift
Supervision amends title 12, chapter V
of the Code of Federal Regulations, as
set forth below.
PART 558—POSSESSION BY
CONSERVATORS AND RECEIVERS
FOR FEDERAL AND STATE SAVINGS
ASSOCIATIONS
1. The authority citation for part 558
continues to read as follows:
Pursuant to section 605(b) of the
Regulatory Flexibility Act,3 the OTS
Director certifies that this technical
corrections regulation will not have a
19:41 Dec 31, 2007
Executive Order 12866
I
Regulatory Flexibility Act
VerDate Aug<31>2005
significant economic impact on a
substantial number of small entities.
Authority: 12 U.S.C. 1462, 1462a 1463,
1464, 1467a.
2. Amend § 558.1 by removing
paragraphs (b)(1) and (b)(2) and
redesignating paragraphs (b)(3) through
(b)(7) as paragraphs (b)(1) through (b)(5).
I 3. Revise § 558.2 to read as follows:
I
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4. The authority citation for part 563
continues to read as follows:
Authority: 12 U.S.C. 375b, 1462, 1462a,
1463, 1464, 1467a, 1468, 1817, 1820, 1828,
1831o, 3806; 31 U.S.C. 5318; 42 U.S.C. 4106.
§ 563.43
[Amended]
5. Amend the introductory paragraph
of § 563.43 by removing ‘‘12 CFR Part
215, subparts A and B of the Federal
Reserve Board’s Regulation O, with the
exception of 12 CFR 215.13,’’ and
adding ‘‘the Federal Reserve Board’s
Regulation O (12 CFR Part 215),’’ in its
place.
I
PART 564—APPRAISALS
6. The authority citation for Part 564
continues to read as follows:
I
Authority: 12 U.S.C. 1462, 1462a, 1463,
1464, 1828(m), 3331 et seq.
§ 564.8
[Amended]
7. Amend § 564.8(a) by removing
‘‘§§ 563.170 and 563.172 of this part’’
I
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Federal Register / Vol. 73, No. 1 / Wednesday, January 2, 2008 / Rules and Regulations
and adding ‘‘§ 563.170 of this chapter’’
in its place.
PART 567—CAPITAL
8. The authority citation for Part 567
continues to read as follows:
I
Authority: 12 U.S.C. 1462, 1462a, 1463,
1464, 1467a, 1828 (note).
§ 567.5
[Amended]
9. Amend § 567.5 by removing
paragraphs (b)(1)(iv) and (v) and
redesignating paragraphs (b)(1)(vi) and
(vii) as paragraphs (b)(1)(iv) and (v).
I
§ 567.12
[Amended]
10. Amend § 567.12 by removing
paragraph (g) and redesignating
paragraph (h) as paragraph (g).
I
PART 574—ACQUISITION OF
CONTROL OF SAVINGS
ASSOCIATIONS
11. The authority citation for Part 574
continues to read as follows:
I
Authority: 12 U.S.C. 1467a, 1817, 1831i.
§ 574.2
[Amended]
12. Amend § 574.2(c)(3) by removing
‘‘§ 563b.2(a)(39)’’ and adding ‘‘§ 563b.25
of this chapter’’ in its place.
I
Dated: December 19, 2007.
By the Office of Thrift Supervision.
John M. Reich,
Director.
[FR Doc. E7–25000 Filed 12–31–07; 8:45 am]
BILLING CODE 6720–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 23
[Docket No. CE285; Special Conditions No.
23–225–SC]
Special Conditions: AmSafe Aviation;
Inflatable Restraints Installation;
Approved Model List of Normal and
Utility Category Airplanes, and
Agricultural Airplanes Certificated in
the Normal/Utility/Restricted Category
Federal Aviation
Administration (FAA), DOT.
ACTION: Final special conditions; request
for comments.
pwalker on PROD1PC71 with RULES
AGENCY:
SUMMARY: These special conditions are
issued for AmSafe Aviation for a list of
approved models. These airplanes, as
modified by AmSafe Aviation, will have
novel and unusual design features
associated with the lap belt or shoulder
harness portion of the safety belt, which
contains an integrated airbag device.
VerDate Aug<31>2005
19:41 Dec 31, 2007
Jkt 214001
The applicable airworthiness
regulations do not contain adequate and
appropriate safety standards for this
design feature. These special conditions
contain the additional safety standards
that the Administrator considers
necessary to establish a level of safety
equivalent to that established by the
airworthiness standards.
DATES: The effective date of these
special conditions is December 26,
2007. Comments must be received on or
before February 1, 2008.
ADDRESSES: Mail two copies of your
comments on these special conditions
to: Federal Aviation Administration
(FAA), Regional Counsel, ACE–7,
Attention: Rules Docket, Docket No.
CE285, 901 Locust, Room 506, Kansas
City, Missouri 64106, or you may
deliver two copies to the Regional
Counsel at the above address. Mark your
comments: Docket No. CE285. You may
inspect comments in the Rules Docket
weekdays, except Federal holidays,
between 7:30 a.m. and 4 p.m.
FOR FURTHER INFORMATION CONTACT: Mr.
Bob Stegeman, Federal Aviation
Administration, Small Airplane
Directorate, Aircraft Certification
Service, ACE–111, 901 Locust, Kansas
City, Missouri, 816–329–4140, fax 816–
329–4090, e-mail
Robert.Stegeman@faa.gov.
SUPPLEMENTARY INFORMATION: The FAA
has determined that notice and
opportunity for prior public comment
hereon are impracticable because these
procedures would significantly delay
issuance of the approval design and
thus delivery of the affected aircraft. In
addition, the substance of these special
conditions has been subject to the
public comment process in several prior
instances with no substantive comments
received. The FAA therefore finds that
good cause exists for making these
special conditions effective upon
issuance.
Comments Invited
We invite interested persons to
participate in the making of these
proposed special conditions by
submitting such written data, views, or
arguments as they may desire. Identify
the regulatory docket or notice number
and submit the comments in duplicate
to the address specified above. The most
helpful comments reference a specific
portion of the special conditions,
explain the reason for any
recommended change, and include
supporting data. All communications
received on or before the closing date
for comments will be considered by the
Administrator. The special conditions
may be changed in light of the
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19
comments received. All comments
received will be available in the Rules
Docket for examination by interested
persons, both before and after the
closing date for comments. A report
summarizing each substantive public
contact with FAA personnel concerning
this rulemaking will be filed in the
docket. Commenters wishing the FAA to
acknowledge receipt of their comments
submitted in response to this notice
must include a self-addressed, stamped
postcard on which the following
statement is made: ‘‘Comments to
CE285.’’ The postcard will be date
stamped and returned to the
commenter.
Background
On March 8, 2007, AmSafe Aviation,
1043 North 47th Avenue, Phoenix, AZ
85043, applied for a supplemental type
certificate for the installation of
inflatable restraints in additional
airplane models included herein that
were certificated prior to the dynamic
seat rule specified in 14 CFR part 23,
§ 23.562 and in agricultural airplanes.
AmSafe Aviation has previously
applied for and obtained an Approved
Model List (AML) Supplemental Type
Certificate (STC) for the installation of
Inflatable Two-, Three-, Four- or FivePoint Restraint Safety Belts with an
Integrated Airbag Device in airplanes
certificated in the Part 23 Normal/
Utility categories.
The current AML STC does not allow
airbags in agricultural aircraft. However,
AmSafe recently provided the FAA data
showing the installation of inflatable
restraints in agricultural airplanes
would have a positive safety effect. This
special condition amends the existing
AML STC to include additional normal
category aircraft and to allow airbag
installation in agricultural aircraft.
The inflatable restraint system is
either a two-, three-, four-, or five-point
safety belt restraint system consisting of
a shoulder harness and a lap belt with
an inflatable airbag attached to either
the lap belt or the shoulder harness. The
inflatable portion of the restraint system
will rely on sensors to electronically
activate the inflator for deployment. The
inflatable restraint system will be made
available on the pilot, co-pilot, and
passenger seats of these airplanes.
If an emergency landing occurs, the
airbag will inflate and provide a
protective cushion between the
occupant’s head and structure within
the airplane. This will reduce the
potential for head and torso injury. The
inflatable restraint behaves in a manner
that is similar to an automotive airbag.
However, in this case, the airbag is
integrated into the lap or shoulder belt.
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]]>Agencies
[Federal Register Volume 73, Number 1 (Wednesday, January 2, 2008)]
[Rules and Regulations]
[Pages 17-19]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-25000]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
12 CFR Parts 558, 563, 564, 567, and 574
[OTS No. 2007-0025]
Technical Amendments
AGENCY: Office of Thrift Supervision, Treasury.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Office of Thrift Supervision (OTS) is amending its
regulations to incorporate a number of technical and conforming
amendments. They include clarifications and corrections of
typographical errors.
DATES: Effective Date: January 2, 2008.
FOR FURTHER INFORMATION CONTACT: Sandra E. Evans, Legal Information
Assistant (Regulations), (202) 906-6076, Regulations and Legislation
Division, Chief Counsel's Office, Office of Thrift Supervision, 1700 G
Street, NW., Washington, DC 20552.
SUPPLEMENTARY INFORMATION: OTS is amending its regulations to
incorporate a number of technical and conforming amendments. OTS is
making the following miscellaneous changes:
Sections 558.1 and 558.2--Procedure upon taking
possession; notice of appointment. OTS's regulations at 12 CFR 558.1
provides that when OTS appoints a conservator or receiver, the
conservator or receiver shall, upon taking possession of the
institution: (1) Give notice of the appointment to any officer or
employee of the institution who appears to be in charge at the
institution's principal office, and (2) serve a copy of the order of
appointment upon the savings association or an existing conservator or
receiver by leaving a copy of the order at the principal office or by
handing a copy of the order to specified persons. This final rule
modifies Sec. Sec. 558.1 and 558.2 to increase administrative
flexibility by providing that the Director of OTS will designate those
persons or entities that will give notice and make service. In
addition, reference to service on prior receivers is eliminated because
the OTS may appoint only the Federal Deposit Insurance Corporation as a
receiver of a savings association.
Section 563.43--Loans by savings associations to their
executive officers, directors and principal shareholders. The final
rule revises the introductory paragraph to remove the reference to
subparts A and B of the Federal Reserve Board's Regulation O (12 CFR
Part 215) as Regulation O is no longer divided
[[Page 18]]
into subparts. The introductory paragraph is also revised to remove the
reference to Sec. 215.13 since that section no longer exists.
Section 564.8--Appraisal policies and practices of savings
associations and subsidiaries. The incorrect reference to Sec. 563.172
in paragraph (a) ``Introduction'' is removed.
Section 567.5--Components of capital. Section
567.5(b)(1)(iv), which refers to net worth certificates, and section
567.5(b)(1)(v), which refers to income capital certificates, are
obsolete and are removed. All of these certificates have been redeemed
and no longer exist.
Section 567.12--Intangible assets, servicing assets, and
credit-enhancing interest-only strips. The practice of grandfathering
core deposit intangibles (CDIs) is no longer relevant because all CDIs
were fully amortized as of 2002. Therefore, Sec. 567.12(g) is removed.
Section 574.2(c)(3)--Definitions. The cross-reference to
Sec. 563b.2(a)(39) is corrected by replacing it with a cross-reference
to Sec. 563b.25.
Administrative Procedure Act; Riegle Community Development and
Regulatory Improvement Act of 1994
OTS finds that there is good cause to dispense with prior notice
and comment on this final rule and with the 30-day delay of effective
date mandated by the Administrative Procedure Act.\1\ OTS believes that
these procedures are unnecessary and contrary to the public interest
because the rule merely makes changes to agency procedures and
technical changes to existing provisions. Because the amendments in the
rule are not substantive, these changes will not affect savings
associations.
---------------------------------------------------------------------------
\1\ 5 U.S.C. 553.
---------------------------------------------------------------------------
Section 302 of the Riegle Community Development and Regulatory
Improvement Act of 1994 provides that regulations that impose
additional reporting, disclosure, or other new requirements may not
take effect before the first day of the quarter following
publication.\2\ This section does not apply because this final rule
imposes no additional requirements and makes only technical changes to
existing regulations.
---------------------------------------------------------------------------
\2\ Pub. L. 103-325, 12 U.S.C. 4802.
---------------------------------------------------------------------------
Regulatory Flexibility Act
Pursuant to section 605(b) of the Regulatory Flexibility Act,\3\
the OTS Director certifies that this technical corrections regulation
will not have a significant economic impact on a substantial number of
small entities.
---------------------------------------------------------------------------
\3\ Pub. L. 96-354, 5 U.S.C. 601.
---------------------------------------------------------------------------
Executive Order 12866
OTS has determined that this rule is not a ``significant regulatory
action'' for purposes of Executive Order 12866.
Unfunded Mandates Reform Act of 1995
OTS has determined that the requirements of this final rule will
not result in expenditures by State, local, and tribal governments, or
by the private sector, of $100 million or more in any one year.
Accordingly, a budgetary impact statement is not required under section
202 of the Unfunded Mandates Reform Act of 1995.
List of Subjects
12 CFR Part 558
Savings associations.
12 CFR Part 563
Accounting, Administrative practice and procedure, Advertising,
Conflict of interests, Crime, Currency, Holding companies, Investments,
Mortgages, Reporting and recordkeeping requirements, Savings
associations, Securities, Surety bonds.
12 CFR Part 564
Mortgages, Reporting and recordkeeping requirements, Savings
associations.
12 CFR Part 567
Reporting and recordkeeping requirements, Savings associations.
12 CFR Part 574
Administrative practice and procedure, Holding companies, Reporting
and recordkeeping requirements, Savings associations, Securities.
0
Accordingly, the Office of Thrift Supervision amends title 12, chapter
V of the Code of Federal Regulations, as set forth below.
PART 558--POSSESSION BY CONSERVATORS AND RECEIVERS FOR FEDERAL AND
STATE SAVINGS ASSOCIATIONS
0
1. The authority citation for part 558 continues to read as follows:
Authority: 12 U.S.C. 1462, 1462a 1463, 1464, 1467a.
0
2. Amend Sec. 558.1 by removing paragraphs (b)(1) and (b)(2) and
redesignating paragraphs (b)(3) through (b)(7) as paragraphs (b)(1)
through (b)(5).
0
3. Revise Sec. 558.2 to read as follows:
Sec. 558.2 Notice of appointment.
(a) When the Director of OTS issues an order for the appointment of
a conservator or receiver, the Director will designate the persons or
entities whose employees or agents must, before the conservator or
receiver takes possession of the savings association:
(1) Give notice of the appointment to any officer or employee who
is present in and appears to be in charge at the principal office of
the savings association as determined by OTS.
(2) Serve a copy of the order for the appointment upon the savings
association or upon the conservator by:
(i) Leaving a certified copy of the order of appointment at the
principal office of the savings association as determined by OTS; or
(ii) Handing a certified copy of the order of appointment to the
previous conservator of the savings association, or to the officer or
employee of the savings association, or to the previous conservator who
is present in and appears to be in charge at the principal office of
the savings association as determined by OTS.
(3) File with the Secretary of OTS a statement that includes the
date and time that notice of the appointment was given and service of
the order of appointment was made.
(b) If the Director of OTS appoints a conservator or receiver under
this part, OTS will immediately file a notice of the appointment for
publication in the Federal Register.
PART 563--SAVINGS ASSOCIATIONS--OPERATIONS
0
4. The authority citation for part 563 continues to read as follows:
Authority: 12 U.S.C. 375b, 1462, 1462a, 1463, 1464, 1467a, 1468,
1817, 1820, 1828, 1831o, 3806; 31 U.S.C. 5318; 42 U.S.C. 4106.
Sec. 563.43 [Amended]
0
5. Amend the introductory paragraph of Sec. 563.43 by removing ``12
CFR Part 215, subparts A and B of the Federal Reserve Board's
Regulation O, with the exception of 12 CFR 215.13,'' and adding ``the
Federal Reserve Board's Regulation O (12 CFR Part 215),'' in its place.
PART 564--APPRAISALS
0
6. The authority citation for Part 564 continues to read as follows:
Authority: 12 U.S.C. 1462, 1462a, 1463, 1464, 1828(m), 3331 et
seq.
Sec. 564.8 [Amended]
0
7. Amend Sec. 564.8(a) by removing ``Sec. Sec. 563.170 and 563.172 of
this part''
[[Page 19]]
and adding ``Sec. 563.170 of this chapter'' in its place.
PART 567--CAPITAL
0
8. The authority citation for Part 567 continues to read as follows:
Authority: 12 U.S.C. 1462, 1462a, 1463, 1464, 1467a, 1828
(note).
Sec. 567.5 [Amended]
0
9. Amend Sec. 567.5 by removing paragraphs (b)(1)(iv) and (v) and
redesignating paragraphs (b)(1)(vi) and (vii) as paragraphs (b)(1)(iv)
and (v).
Sec. 567.12 [Amended]
0
10. Amend Sec. 567.12 by removing paragraph (g) and redesignating
paragraph (h) as paragraph (g).
PART 574--ACQUISITION OF CONTROL OF SAVINGS ASSOCIATIONS
0
11. The authority citation for Part 574 continues to read as follows:
Authority: 12 U.S.C. 1467a, 1817, 1831i.
Sec. 574.2 [Amended]
0
12. Amend Sec. 574.2(c)(3) by removing ``Sec. 563b.2(a)(39)'' and
adding ``Sec. 563b.25 of this chapter'' in its place.
Dated: December 19, 2007.
By the Office of Thrift Supervision.
John M. Reich,
Director.
[FR Doc. E7-25000 Filed 12-31-07; 8:45 am]
BILLING CODE 6720-01-P
