[Federal Register Volume 67, Number 216 (Thursday, November 7, 2002)]
[Notices]
[Page 67898]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-28264]



[[Page 67898]]

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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Proposed Agency Information Collection Activities; Comment 
Request--Request for Service Corporation Activity

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 the proposal.

DATES: Submit written comments on or before January 6, 2003.

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; 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 [email protected], or send a facsimile transmission to 
(202) 906-7755.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
about this proposed information collection from Nadine Washington, 
Information Systems, Administration & Finance, (202) 906-6706, 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: Request for Service Corporation Activity.
    OMB Number: 1550-0013.
    Form Number: N/A.
    Regulation requirement: 12 CFR 545.74 and 559.12.
    Description: 12 CFR 545.74 requires savings associations to obtain 
approval or notify OTS prior to engaging in activities through a 
service corporation that are not preapproved by regulation. It also 
contains a recordkeeping requirement for securities brokerage 
activities. 12 CFR 559.12 governs the issuance of securities. These 
requirements allow OTS to review service corporation activities and to 
ensure that they will not adversely affect an institution's safety and 
soundness.
    Type of Review: Renewal.
    Affected Public: Savings Associations.
    Estimated Number of Respondents: 114.
    Estimated Frequency of Response: Event-generated.
    Estimated Burden Hours per Response: 2 hours.
    Estimated Total Burden: 228 hours.
    Clearance Officer: Marilyn K. Burton, (202) 906-6467, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.
    OMB Reviewer: Joseph F. Lackey, Jr., (202) 395-7316, Office of 
Management and Budget, Room 10202, New Executive Office Building, 
Washington, DC 20503.

    Dated: October 31, 2002.
Deborah Dakin,
Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. 02-28264 Filed 11-6-02; 8:45 am]
BILLING CODE 6720-01-P