Notice of Hiring or Indemnifying Senior Executive Officers or Directors, 4309 [E8-1207]

Agencies

• DEPARTMENT OF THE TREASURY
• Office of Thrift Supervision
• Thrift Supervision Office

[Federal Register Volume 73, Number 16 (Thursday, January 24, 2008)]
[Notices]
[Page 4309]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-1207]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Notice of Hiring or Indemnifying Senior Executive Officers or 
Directors

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The proposed information collection request (ICR) described 
below has been submitted to the Office of Management and Budget (OMB) 
for review and approval, as required by the Paperwork Reduction Act of 
1995. OTS is soliciting public comments on the proposal.

DATES: Submit written comments on or before February 25, 2008. A copy 
of this ICR, with applicable supporting documentation, can be obtained 
from RegInfo.gov at https://www.reginfo.gov/public/do/PRAMain.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to OMB and OTS at these addresses: 
Office of Information and Regulatory Affairs, Attention: Desk Officer 
for OTS, U.S. Office of Management and Budget, 725-17th Street, NW., 
Room 10235, Washington, DC 20503, or by fax to (202) 395-6974; and 
Information Collection Comments, Chief Counsel's Office, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, by fax to 
(202) 906-6518, or by e-mail to infocollection.comments@ots.treas.gov. 
OTS will post comments and the related index on the OTS Internet Site 
at https://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, or send a facsimile transmission to 
(202) 906-7755.

FOR FURTHER INFORMATION CONTACT: For further information or to obtain a 
copy of the submission to OMB, please contact Ira L. Mills at, 
ira.mills@ots.treas.gov (202) 906-6531, or facsimile number (202) 906-
6518, Regulations and Litigation Division, Chief Counsel's Office, 
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.
    Title of Proposal: Notice of Hiring or Indemnifying Senior 
Executive Officers or Directors.
    OMB Number: 1550-0047.
    Form Number: OTS Form 1606.
    Description: Pursuant to 12 U.S.C. 1817(j), persons who proposed to 
acquire control of a savings association or savings and loan holding 
company must provide prior written notice to the Office of Thrift 
Supervision (OTS). That notice will now be made on the ``Interagency 
Notice of Change in Director or Senior Executive Officer'' and 
supplemented, as necessary, by information on the ``Interagency 
Biographical and Financial Report.'' Required notices must include at a 
minimum the information described in 12 U.S.C. 1817(j)(6)(A).
    OTS is required to make a determination as to the hiring or 
appointment of senior executive officers or directors at savings 
institutions or thrift holding companies. The OTS's determination must 
be based upon an evaluation of the individual's competence, experience, 
character, and integrity. The information required by the collection is 
necessary to make this determination. Without this information, the OTS 
cannot accomplish the statutory requirement designed to protect the 
interests of the Savings Association Insurance Fund.
    Type of Review: Extension without change of currently approved 
collection.
    Affected Public: Business or other for profit.
    Estimated Number of Respondents: 100.
    Estimated Burden Hours per Response: 100 hours.
    Estimated Frequency of Response: Other; As required per 
transaction.
    Estimated Total Burden: 233 hours.
    Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: January 18, 2008.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. E8-1207 Filed 1-23-08; 8:45 am]
BILLING CODE 6720-01-P