Corporate Credit Unions, 75648-75649 [2010-30426]

Download as PDF 75648 Federal Register / Vol. 75, No. 233 / Monday, December 6, 2010 / Proposed Rules Secretary of the Interior acknowledges to exist as an Indian Tribe pursuant to the Federally Recognized Indian Tribe List Act of 1994, 25 U.S.C. 479a. * * * * * Tribal official means the highest ranking individual that represents Tribal leadership, such as the Chief, President, or Tribal Council leadership. * * * * * 6. In § 73.21, paragraph (a)(2) is revised to read as follows: § 73.21 Protection of Safeguards Information: Performance Requirements. (a) * * * (2) Information protection procedures employed by Federal, State, Tribal, and local law enforcement agencies are presumed to meet the general performance requirement in paragraph (a)(1) of this section. * * * * * 7. In § 73.37, paragraphs (f) and (g) are revised to read as follows: § 73.37 Requirements for physical protection of irradiated reactor fuel in transit. jdjones on DSK8KYBLC1PROD with PROPOSALS-1 * * * * * (f) Prior to the transport of spent fuel within or across a State or Tribal reservation, a licensee subject to this section shall notify the governor or the governor’s designee and the Tribal official of each participating Tribe referenced in § 71.97(c)(3) of this chapter or the Tribal official’s designee. The licensee shall comply with the following criteria in regard to a notification: (1) The notification must be in writing and sent to the office of each appropriate governor or the governor’s designee and each appropriate Tribal official or the Tribal official’s designee. A notification delivered by mail must be postmarked at least 7 days before transport of a shipment within or across the State or Tribal reservation. A notification delivered by messenger must reach the office of the governor or the governor’s designee and any Tribal official or Tribal official’s designee at least 4 days before transport of a shipment within or across the State or Tribal reservation. A list of the mailing addresses of governors and governors’ designees and Tribal officials and Tribal officials’ designees is available upon request from the Director, Division of Intergovernmental Liaison and Rulemaking, Office of Federal and State Materials and Environmental Management Programs, U.S. Nuclear Regulatory Commission, Washington, DC 20555. (2) The notification must include the following information: VerDate Mar<15>2010 15:04 Dec 03, 2010 Jkt 223001 (i) The name, address, and telephone number of the shipper, carrier and receiver. (ii) A description of the shipment as specified by the Department of Transportation in 49 CFR 172.202 and 172.203(d). (iii) A listing of the routes to be used within the State or Tribal reservation. (iv) A statement that the information described in paragraph (f)(3) of this section is required by NRC regulations to be protected in accordance with the requirements of §§ 73.21 and 73.22. (3) The licensee shall provide the following information on a separate enclosure to the written notification: (i) The estimated date and time of departure from the point of origin of the shipment. (ii) The estimated date and time of entry into the governor’s State or Tribal reservation. (iii) For the case of a single shipment whose schedule is not related to the schedule of any subsequent shipment, a statement that schedule information must be protected in accordance with the provisions of §§ 73.21 and 73.22 until at least 10 days after the shipment has entered or originated within the State or Tribal reservation. (iv) For the case of a shipment in a series of shipments whose schedules are related, a statement that schedule information must be protected in accordance with the provisions of §§ 73.21 and 73.22 until 10 days after the last shipment in the series has entered or originated within the State or Tribal reservation and an estimate of the date on which the last shipment in the series will enter or originate within the State or Tribal reservation. (4) A licensee shall notify by telephone or other means a responsible individual in the office of the governor or in the office of the governor’s designee and the office of the Tribal official or in the office of the Tribal official’s designee of any schedule change that differs by more than 6 hours from the schedule information previously furnished in accordance with paragraph (f)(3) of this section, and shall inform that individual of the number of hours of advance or delay relative to the written schedule information previously furnished. (g) State officials, State employees, Tribal officials, Tribal employees, and other individuals, whether or not licensees of the Commission, who receive schedule information of the kind specified in paragraph (f)(3) of this section shall protect that information against unauthorized disclosure as specified in §§ 73.21 and 73.22. PO 00000 Frm 00008 Fmt 4702 Sfmt 4702 8. In § 73.59, new paragraph (l) is added to read as follows: § 73.59 Relief from fingerprinting, identification and criminal history records checks and other elements of background checks for designated categories of individuals. * * * * * (l) Tribal official or the Tribal official’s designated representative, and Tribal law enforcement personnel to whom access has been granted for the purpose of advance notification of shipments under provisions of § 73.37(f). Dated at Rockville, Maryland this 1st day of December 2010. For the Nuclear Regulatory Commission. Annette Vietti-Cook, Secretary of the Commission. [FR Doc. 2010–30478 Filed 12–3–10; 8:45 am] BILLING CODE 7590–01–P NATIONAL CREDIT UNION ADMINISTRATION 12 CFR Parts 701, 704, and 741 RIN 3133–AD74 Corporate Credit Unions National Credit Union Administration (NCUA). ACTION: Notice of extension of comment period. AGENCY: On November 18, 2010, the NCUA Board issued a proposed rule amending its corporate credit union rule. 75 FR 73000 (November 29, 2010). NCUA has received a request to extend the comment period set in the proposed rule and has determined to extend the comment period for an additional 30 days. SUMMARY: Comments must now be received by January 28, 2011. ADDRESSES: You may submit comments by any of the following methods (Please send comments by one method only): Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. NCUA Web site: https://www.ncua.gov/ Resources/RegulationsOpinionsLaws/ ProposedRegulations.aspx. Follow the instructions for submitting comments. E-mail: Address to regcomments@ncua.gov. Include ‘‘[Your name] Comments on ‘‘Notice of Proposed Rulemaking for Part 704— Corporate Credit Unions’’ in the e-mail subject line. Fax: (703) 518–6319. Use the subject line described above for e-mail. DATES: E:\FR\FM\06DEP1.SGM 06DEP1 jdjones on DSK8KYBLC1PROD with PROPOSALS-1 Federal Register / Vol. 75, No. 233 / Monday, December 6, 2010 / Proposed Rules Mail: Address to Mary Rupp, Secretary of the Board, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314– 3428. Hand Delivery/Courier: Same as mail address. Public Inspection: All public comments are available on the agency’s Web site at https://www.ncua.gov/ Resources/RegulationsOpinionsLaws/ ProposedRegulations.aspx as submitted, except as may not be possible for technical reasons. Public comments will not be edited to remove any identifying or contact information. Paper copies of comments may be inspected in NCUA’s law library at 1775 Duke Street, Alexandria, Virginia 22314, by appointment weekdays between 9 a.m. and 3 p.m. To make an appointment, call (703) 518–6546 or send an e-mail to OGCMail@ncua.gov. FOR FURTHER INFORMATION CONTACT: Jacqueline Lussier, Staff Attorney, Office of General Counsel; Elizabeth Wirick, Staff Attorney, Office of General Counsel; and Lisa Henderson, Staff Attorney, Office of General Counsel, at the address above or telephone (703) 518–6540; or David Shetler, Deputy Director, Office of Corporate Credit Unions, at the address above or telephone (703) 518–6640. SUPPLEMENTARY INFORMATION: On November 18, 2010, the NCUA Board issued proposed amendments to its rule governing corporate credit unions (corporates) contained in part 704. The amendments include internal control and reporting requirements for corporates similar to those required for banks under the Federal Deposit Insurance Act and the Sarbanes-Oxley Act. The amendments require each corporate to establish an enterprisewide risk management committee staffed with at least one risk management expert. The amendments provide for the equitable sharing of Temporary Corporate Credit Union Stabilization Fund expenses among all members of corporates, including both credit union and noncredit union members. The amendments increase the transparency of decision-making by requiring corporates conduct all board of director votes as recorded votes and include the votes of individual directors in the meeting minutes. The amendments permit corporates to charge their members reasonable onetime or periodic membership fees as necessary to facilitate retained earnings growth. For senior corporate executives who are dual employees of corporate credit union service organizations (CUSOs), the amendments require disclosure of certain compensation VerDate Mar<15>2010 15:04 Dec 03, 2010 Jkt 223001 received from the corporate CUSO. In addition, this proposal would amend parts 701 and 741 to limit natural person credit unions to membership in one corporate credit union at any particular time and provide that a natural person credit union may not make any investment in a corporate credit union of which the natural person credit union is not also a member. 75 FR 73000 (November 29, 2010). NCUA requested comments on its proposal and set a 30-day comment period, originally scheduled to end on December 29, 2010. NCUA has received a request to extend the comment period. The NCUA Board believes a 30-day extension will facilitate the submission of comments without causing undue delay to the rulemaking process. Accordingly, the comment period is extended and comments must now be received by January 28, 2011. By the National Credit Union Administration Board on November 29, 2010. Mary F. Rupp, Secretary of the Board. [FR Doc. 2010–30426 Filed 12–3–10; 8:45 am] BILLING CODE 7535–01–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration 14 CFR Part 65 [Docket No.: FAA–2010–1060] Policy Clarifying Definition of ‘‘Actively Engaged’’ for Purposes of Inspector Authorization Federal Aviation Administration (FAA), DOT. ACTION: Notice of proposed policy; extension of comment period. AGENCY: This action extends the comment period for a Notice of Proposed Policy that was published on November 5, 2010. The proposed policy would clarify the term ‘‘actively engaged’’ for the purposes of application for and renewal of an inspection authorization. The proposed policy would amend the Flight Standards Management System Order 8900.1. DATES: The comment period for the Notice of Proposed Policy published on November 5, 2010 (75 FR 68249) was scheduled to close on December 6, 2010, and is extended to January 17, 2011. ADDRESSES: You may send comments identified by docket number FAA– 2010–1060 using any of the following methods: • Federal eRulemaking Portal: Go to https://www.regulations.gov and follow SUMMARY: PO 00000 Frm 00009 Fmt 4702 Sfmt 4702 75649 the online instructions for sending your comments electronically. • Mail: Send Comments to Docket Operations, M–30; U.S. Department of Transportation, 1200 New Jersey Avenue, SE., West Building Ground Floor, Room W12–140, West Building Ground Floor, Washington, DC 20590– 0001. • Hand Delivery: Take comments to Docket Operations in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue, SE., Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. • Fax: (202) 493–2251. FOR FURTHER INFORMATION CONTACT: Ed Hall, Aircraft Maintenance General Aviation Branch, AFS–350, Federal Aviation Administration, 800 Independence Avenue, SW., Washington, DC 20591; telephone: (804) 222–7494 ext. 240; e-mail: ed.hall@faa.gov. SUPPLEMENTARY INFORMATION: Comments Invited The FAA invites interested persons to submit written comments, data, or views concerning this proposal. The most helpful comments reference a specific portion of the proposal, explain the reason for any recommended change, and include supporting data. To ensure the docket does not contain duplicate comments, please send only one copy of written comments, or if you are filing comments electronically, please submit your comments only one time. The FAA will file in the docket all comments received, as well as a report summarizing each substantive public contact with FAA personnel concerning this proposal. Before acting on this proposal, the FAA will consider all comments received on or before the closing date for comments and any latefiled comments if it is possible to do so without incurring expense or delay. The FAA may change this proposal in light of comments received. Availability of This Proposed Policy You can get an electronic copy using the Internet by— (1) Searching the Federal eRulemaking Portal (https:// www.regulations.gov); (2) Visiting the FAA’s Regulations and Policies Web page at https:// www.faa.gov/regulations_policies/; or (3) Accessing the Government Printing Office’s Web page at https:// www.gpoaccess.gov/fr/. You can also get a copy by sending a request to the Federal Aviation Administration, Office of Rulemaking, E:\FR\FM\06DEP1.SGM 06DEP1

Agencies

National Credit Union Administration

[Federal Register Volume 75, Number 233 (Monday, December 6, 2010)]
[Proposed Rules]
[Pages 75648-75649]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-30426]


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NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Parts 701, 704, and 741

RIN 3133-AD74


Corporate Credit Unions

AGENCY: National Credit Union Administration (NCUA).

ACTION: Notice of extension of comment period.

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SUMMARY: On November 18, 2010, the NCUA Board issued a proposed rule 
amending its corporate credit union rule. 75 FR 73000 (November 29, 
2010). NCUA has received a request to extend the comment period set in 
the proposed rule and has determined to extend the comment period for 
an additional 30 days.

DATES: Comments must now be received by January 28, 2011.

ADDRESSES: You may submit comments by any of the following methods 
(Please send comments by one method only):
Federal eRulemaking Portal: https://www.regulations.gov. Follow the 
instructions for submitting comments.
NCUA Web site: https://www.ncua.gov/Resources/RegulationsOpinionsLaws/ProposedRegulations.aspx.
    Follow the instructions for submitting comments.
    E-mail: Address to regcomments@ncua.gov. Include ``[Your name] 
Comments on ``Notice of Proposed Rulemaking for Part 704--Corporate 
Credit Unions'' in the e-mail subject line.
    Fax: (703) 518-6319. Use the subject line described above for e-
mail.

[[Page 75649]]

    Mail: Address to Mary Rupp, Secretary of the Board, National Credit 
Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-
3428. Hand Delivery/Courier: Same as mail address.
    Public Inspection: All public comments are available on the 
agency's Web site at https://www.ncua.gov/Resources/RegulationsOpinionsLaws/ProposedRegulations.aspx as submitted, except 
as may not be possible for technical reasons. Public comments will not 
be edited to remove any identifying or contact information. Paper 
copies of comments may be inspected in NCUA's law library at 1775 Duke 
Street, Alexandria, Virginia 22314, by appointment weekdays between 9 
a.m. and 3 p.m. To make an appointment, call (703) 518-6546 or send an 
e-mail to OGCMail@ncua.gov.

FOR FURTHER INFORMATION CONTACT: Jacqueline Lussier, Staff Attorney, 
Office of General Counsel; Elizabeth Wirick, Staff Attorney, Office of 
General Counsel; and Lisa Henderson, Staff Attorney, Office of General 
Counsel, at the address above or telephone (703) 518-6540; or David 
Shetler, Deputy Director, Office of Corporate Credit Unions, at the 
address above or telephone (703) 518-6640.

SUPPLEMENTARY INFORMATION: On November 18, 2010, the NCUA Board issued 
proposed amendments to its rule governing corporate credit unions 
(corporates) contained in part 704. The amendments include internal 
control and reporting requirements for corporates similar to those 
required for banks under the Federal Deposit Insurance Act and the 
Sarbanes-Oxley Act. The amendments require each corporate to establish 
an enterprise-wide risk management committee staffed with at least one 
risk management expert. The amendments provide for the equitable 
sharing of Temporary Corporate Credit Union Stabilization Fund expenses 
among all members of corporates, including both credit union and 
noncredit union members. The amendments increase the transparency of 
decision-making by requiring corporates conduct all board of director 
votes as recorded votes and include the votes of individual directors 
in the meeting minutes. The amendments permit corporates to charge 
their members reasonable one-time or periodic membership fees as 
necessary to facilitate retained earnings growth. For senior corporate 
executives who are dual employees of corporate credit union service 
organizations (CUSOs), the amendments require disclosure of certain 
compensation received from the corporate CUSO. In addition, this 
proposal would amend parts 701 and 741 to limit natural person credit 
unions to membership in one corporate credit union at any particular 
time and provide that a natural person credit union may not make any 
investment in a corporate credit union of which the natural person 
credit union is not also a member. 75 FR 73000 (November 29, 2010).
    NCUA requested comments on its proposal and set a 30-day comment 
period, originally scheduled to end on December 29, 2010. NCUA has 
received a request to extend the comment period. The NCUA Board 
believes a 30-day extension will facilitate the submission of comments 
without causing undue delay to the rulemaking process. Accordingly, the 
comment period is extended and comments must now be received by January 
28, 2011.

    By the National Credit Union Administration Board on November 
29, 2010.
Mary F. Rupp,
Secretary of the Board.
[FR Doc. 2010-30426 Filed 12-3-10; 8:45 am]
BILLING CODE 7535-01-P

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