Capital Distribution, 42768 [2011-18178]

Download as PDF sroberts on DSK5SPTVN1PROD with NOTICES 42768 Federal Register / Vol. 76, No. 138 / Tuesday, July 19, 2011 / Notices 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: Management Officials Interlocks. OMB Number: 1550–0051. Form Number: N/A. Description: OTS uses the requested information to evaluate the merits of interlocks exemption applications. In evaluating the merits, OTS uses the information to determine: (a) Whether the services to be performed by the person in question are necessary or desirable for the purpose of preserving safe and sound operations, thereby protecting the insurance risk to the Deposit Insurance Fund; (b) if the institution is well managed and served by other fully competent directors, officers or employees; (c) if the person’s background, including any past history in dealing with regulatory authorities, indicates an ability to operate a savings association in a safe and sound manner; (d) if the credentials of the person in question are such that the services to be performed would be particularly valuable to the savings association; and (e) if the service of the individual in management positions at unaffiliated depository organizations is likely to result in a monopoly or substantial lessening of competition. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 3. Estimated Frequency of Response: On occasion. Estimated Total Burden: 12 hours. Dated: July 13, 2011. Ira L. Mills, Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift Supervision. [FR Doc. 2011–18177 Filed 7–18–11; 8:45 am] BILLING CODE 6720–01–P VerDate Mar<15>2010 17:20 Jul 18, 2011 Jkt 223001 DEPARTMENT OF THE TREASURY Office of Thrift Supervision Capital Distribution AGENCY: Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. 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 September 19, 2011. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief Counsel’s Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. FOR FURTHER INFORMATION CONTACT: You can request additional information about this proposed information collection by sending an e-mail to ira.mills@ots.treas.gov. 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 SUPPLEMENTARY INFORMATION: PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 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: Capital Distribution. OMB Number: 1550–0059. Form Number: 1583. Description: The OTS reviews the information to determine whether the request of savings associations is in accordance with existing statutory and regulatory criteria. In addition, the information provides the OTS with a mechanism for monitoring capital distributions since these distributions can reduce an association’s capital and perhaps places it at risk. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit. Estimated Number of Respondents: 366. Estimated Frequency of Response: On occasion. Estimated Total Burden: 657 hours. Dated: July 13, 2011. Ira L. Mills, Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift Supervision. [FR Doc. 2011–18178 Filed 7–18–11; 8:45 am] BILLING CODE 6720–01–P DEPARTMENT OF THE TREASURY Office of Thrift Supervision Electronic Operations AGENCY: Office of Thrift Supervision (OTS), Treasury. ACTION: Notice and request for comment. 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 September 19, 2011. ADDRESSES: Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief E:\FR\FM\19JYN1.SGM 19JYN1

Agencies

[Federal Register Volume 76, Number 138 (Tuesday, July 19, 2011)]
[Notices]
[Page 42768]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-18178]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Capital Distribution

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 September 19, 2011.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to Information Collection Comments, 
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC 20552.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection by sending an e-mail to 
ira.mills@ots.treas.gov.

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: Capital Distribution.
    OMB Number: 1550-0059.
    Form Number: 1583.
    Description: The OTS reviews the information to determine whether 
the request of savings associations is in accordance with existing 
statutory and regulatory criteria. In addition, the information 
provides the OTS with a mechanism for monitoring capital distributions 
since these distributions can reduce an association's capital and 
perhaps places it at risk.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit.
    Estimated Number of Respondents: 366.
    Estimated Frequency of Response: On occasion.
    Estimated Total Burden: 657 hours.

    Dated: July 13, 2011.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2011-18178 Filed 7-18-11; 8:45 am]
BILLING CODE 6720-01-P