[Federal Register Volume 68, Number 125 (Monday, June 30, 2003)]
[Notices]
[Pages 38753-38754]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-16399]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities: Submission for OMB 
Review; 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 the 
information collection displays a currently valid OMB control number. 
The OCC is soliciting comment concerning its information collection 
titled, ``Bank Activities and Operations--12 CFR 7.'' The OCC also 
gives notice that it has sent the information collection to OMB for 
review and approval.

DATES: You should submit your comments to the OCC and the OMB Desk 
Officer by July 30, 2003.

ADDRESSES: You should direct comments to:
    Communications Division, Office of the Comptroller of the Currency, 
Public Information Room, Mailstop 1-5, Attention: 1557-0204-2, 250 E 
Street, SW., Washington, DC 20219. Due to delays in paper mail delivery 
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.
    Joseph F. Lackey, Jr., OMB Desk Officer for the OCC, Office of 
Information and Regulatory Affairs, Office of Management and Budget, 
New Executive Office Building, Room 10235, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the collection 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 recordkeeping 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

[[Page 38754]]

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.
    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/Recordkeepers: 1,300.
    Estimated Total Annual Responses: 1,300.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden: 408 hours.

    Dated: June 24, 2003.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 03-16399 Filed 6-27-03; 8:45 am]
BILLING CODE 4810-33-P