FDIC Federal Register Citations

[Federal Register: March 20, 1997 (Volume 62, Number 54)]

[Notices]

[Page 13381-13382]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr20mr97-76]

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FEDERAL DEPOSIT INSURANCE CORPORATION

Agency Information Collection Activities: Proposed Collection;

Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, 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 proposed and/or

continuing information collections, as required by the Paperwork

Reduction

[[Page 13382]]

Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting

comments concerning an information collection titled ``Application

Pursuant to Section 19 of the Federal Deposit Insurance Act.''

DATES: Comments must be submitted on or before May 19, 1997.

ADDRESSES: Interested parties are invited to submit written comments to

Steven F. Hanft, FDIC Clearance Officer, (202) 898-3907, Office of the

Executive Secretary, Federal Deposit Insurance Corporation, 550 17th

Street N.W., Washington, D.C. 20429. All comments should refer to

``Application Pursuant to Section 19 of the Federal Deposit Insurance

Act.'' Comments may be hand-delivered to Room F-400, 1776 F Street,

N.W., Washington, D.C. 20429, on business days between 8:30 a.m. and

5:00 p.m. [FAX number (202) 898-3838; Internet address:

comments@fdic.gov].

A copy of the comments may also be submitted to the OMB desk

officer for the FDIC: Alexander Hunt, Office of Information and

Regulatory Affairs, Office of Management and Budget, New Executive

Office Building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT:

Steven F. Hanft, at the address identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently

approved collection of information:

Title: Application Pursuant to Section 19 of the Federal Deposit

Insurance Act.

OMB Number: 3064-0018.

Frequency of Response: Occasional.

Affected Public: Insured depository institutions that desire to

have a person who has been convicted of a crime involving dishonesty or

breach of trust to participate in the conduct of the affairs of the

institution.

Estimated Number of Respondents: 80.

Estimated Time per Response: 16 hours.

Estimated Total Annual Burden: 1,280 hours.

General Description of Collection: Section 19 of the Federal

Deposit Insurance Act (12 USC 1829) requires the FDIC's consent prior

to participation by a person who has been convicted of a crime

involving dishonesty or breach of trust in the affairs of an insured

depository institution. To obtain the FDIC's consent to hire a

convicted person, an insured depository institution must submit an

application on FDIC Form 6710/07 which requests biographical

information about the person, information about the conviction(s), and

information about the prospective position to be held by the person.

Request for Comment

Comments are invited on: (a) whether the collection of information

is necessary for the proper performance of the FDIC's functions,

including whether the information has practical utility; (b) the

accuracy of the estimates of the burden of the information collection,

including the validity of the methodology and assumptions used; (c)

ways to enhance the quality, utility, and clarity of the information to

be collected; and (d) ways to minimize the burden of the information

collection on respondents, including through the use of automated

collection techniques or other forms of information technology.

At the end of the comment period, the comments and recommendations

received will be analyzed to determine the extent to which the

collection should be modified prior to submission to OMB for review and

approval. Comments submitted in response to this notice also will be

summarized or included in the FDIC's requests to OMB for renewal of

this collection. All comments will become a matter of public record.

Dated at Washington, D.C., this 14th day of March, 1997.

Federal Deposit Insurance Corporation.

Jerry L. Langley,

Executive Secretary.

[FR Doc. 97-6994 Filed 3-19-97; 8:45 am]

BILLING CODE 6714-01-M