[Federal Register Volume 73, Number 203 (Monday, October 20, 2008)]
[Notices]
[Page 62380]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-24776]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Management Official Interlocks

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The proposed information collection request (ICR) described 
below has been submitted to the Office of Management and Budget (OMB) 
for review and approval, as required by the Paperwork Reduction Act of 
1995. OTS is soliciting public comments on the proposal.

DATES: Submit written comments on or before November 19, 2008. A copy 
of this ICR, with applicable supporting documentation, can be obtained 
from RegInfo.gov at http://www.reginfo.gov/public/do/PRAMain.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to OMB and OTS at these addresses: 
Office of Information and Regulatory Affairs, Attention: Desk Officer 
for OTS, U.S. Office of Management and Budget, 725 17th Street, NW., 
Room 10235, Washington, DC 20503, or by fax to (202) 395-6974; and 
Information Collection Comments, Chief Counsel's Office, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, by fax to 
(202) 906-6518, or by 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 public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to 
(202) 906-7755.

FOR FURTHER INFORMATION CONTACT: For further information or to obtain a 
copy of the submission to OMB, please contact Ira L. Mills at 
[email protected], (202) 906-6531, or facsimile number (202) 906-
6518, Regulations and Legislation Division, Chief Counsel's Office, 
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.
    Title of Proposal: Management Official Interlocks.
    OMB Number: 1550-0051.
    Form Number: N/A.
    Description: The purpose of the Depository Institution Management 
Interlocks Act is to foster competition by generally prohibiting a 
management official from serving two unaffiliated depository 
organizations in situations where the management interlock would likely 
have an anticompetitive effect. 12 U.S.C. 3201-3208. This applies to 
service as a management official of an institution, savings and loan 
association, and affiliates of either.
    OTS regulations set forth several interlocking relationships that 
are prohibited. 12 CFR part 563f. Generally, a management official of a 
depository institution or depository holding company may not serve as a 
management official of an unaffiliated depository institution or 
depository holding company if the entities in question (or a depository 
institution affiliate thereof) have offices in the same community or 
metropolitan statistical area or are of a certain asset size.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit.
    Estimated Number of Respondents: 3.
    Estimated Number of Responses: 3.
    Estimated Burden Hours per Response: 4 hours.
    Estimated Frequency of Response: Other; per transaction.
    Estimated Total Burden: 12 hours.
    Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: October 14, 2008.
Deborah Dakin,
Senior Deputy Chief Counsel, Regulations and Legislation Division.
 [FR Doc. E8-24776 Filed 10-17-08; 8:45 am]
BILLING CODE 6720-01-P