[Federal Register Volume 68, Number 19 (Wednesday, January 29, 2003)]
[Notices]
[Pages 4545-4546]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-2028]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Proposed Extension of 
Information Collection; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork 
and respondent burden, invites the general public and other Federal 
agencies to take this opportunity to comment on a continuing 
information collection, as required by the Paperwork Reduction Act of 
1995. An agency may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless it displays a 
currently valid OMB control number. The OCC is soliciting comment 
concerning its information collection titled, ``Bank Activities and 
Operations--12 CFR 7.''

DATES: You should submit written comments by March 31, 2003.

ADDRESSES: You should direct comments to the Communications Division, 
Office of the Comptroller of the Currency, Public Information Room, 
Mailstop 1-5, Attention: 1557-0204, 250 E Street, SW., Washington, DC 
20219. Due to delays in paper mail in the Washington area, commenters 
are encouraged to submit comments by fax or e-mail. Comments may be 
sent by fax to (202) 874-4448, or by e-mail to 
[email protected]. You can inspect and photocopy the comments 
at the OCC's Public Information Room, 250 E Street, SW., Washington, DC 
20219. You can make an appointment to inspect the comments by calling 
(202) 874-5043.
    A copy of the comments should also be sent to the OMB Desk Officer 
for the OCC: Joseph F. Lackey, Jr., Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503, or by e-mail to 
[email protected].

FOR FURTHER INFORMATION CONTACT: You can request additional information 
from Jessie Dunaway, OCC Clearance Officer, or Camille Dixon, (202) 
874-5090, Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval 
of the following information collection: Title: Bank Activities and 
Operations `` 12 CFR 7. OMB Number: 1557-0204. Description: This 
submission covers an existing regulation and involves no change to the 
regulation or to the information collection requirements. The OCC 
requests only that OMB extend its approval of the information 
collection.
    The information collection requirements ensure that national banks 
conduct their operations in a safe and sound manner and in accordance 
with applicable Federal banking statutes and regulations. The 
information is necessary for regulatory and examination purposes.
    The information collection requirements in part 7 are as follows:
    12 CFR 7.1000(d)(1) (National bank ownership of property--Lease 
financing of public facilities): National bank lease agreements must 
provide that the lessee will become the owner of the building or 
facility upon the expiration of the lease.
    12 CFR 7.1014 (Sale of money orders at nonbanking outlets): A 
national bank may designate bonded agents to sell the bank's money 
orders at nonbanking outlets. The responsibility of both the bank and 
its agent should be defined in a written agreement setting forth the 
duties of both parties and providing for remuneration of the agent.
    12 CFR 7.2000(b) (Corporate governance procedures `` Other sources 
of guidance): A national bank shall designate in its bylaws the body of 
law selected for its corporate governance procedures.
    12 CFR 7.2004 (Honorary directors or advisory boards): Any listing 
of a national bank's honorary or advisory directors must distinguish 
between them and the bank's board of directors or indicate their 
advisory status.

[[Page 4546]]

    12 CFR 7.2014(b) (Indemnification of institution-affiliated parties 
`` Administrative proceeding or civil actions not initiated by a 
Federal agency): A national bank shall designate in its bylaws the body 
of law selected for making indemnification payments. Type of Review: 
Extension of a currently approved collection. Affected Public: 
Businesses or other for-profit. Estimated Number of Respondents: 1,600. 
Estimated Total Annual Responses: 1,600. Frequency of Response: On 
occasion. Estimated Total Annual Burden: 480 hours.
    Comments submitted in response to this notice will be summarized 
and included in the request for OMB approval. All comments will become 
a matter of public record. Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has practical utility;
    (b) The accuracy of the agency's estimate of the burden of the 
collection of information;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: January 23, 2003.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division 
Division.
[FR Doc. 03-2028 Filed 1-28-03; 8:45 am]
BILLING CODE 4810-33-P