Federal Register / Vol. 72, No. 77 / Monday, April 23, 2007 / Proposed Rules 20067 

List of Subjects in 12 CFR Part 701 

Credit unions, Records. 

By the National Credit Union 

Administration Board on April 12, 2007. 

Mary F. Rupp, 

Secretary of the Board. 

Accordingly, NCUA proposes to 

amend 12 CFR part 701 as follows: 

PART 701—ORGANIZATION AND 

OPERATIONS OF FEDERAL CREDIT 

UNIONS 

1. The authority citation for part 701 

continues to read as follows: 

Authority: 12 U.S.C. 1752(5), 1755, 1756, 

1757, 1759, 1761a, 1761b, 1766, 1767, 1782, 

1784, 1787, 1789. Section 701.6 is also 

authorized by 15 U.S.C. 3717. Section 701.31 

is also authorized by 15 U.S.C. 1601 et seq.; 

42 U.S.C. 1981 and 3601–3610. Section 

701.35 is also authorized by 42 U.S.C. 4311–

4312. 

2. Add § 701.3 to read as follows: 

§ 701.3 Member inspection of credit union 

books, records, and minutes. 

(a) Member inspection rights. A group 

of members of a federal credit union has 

the right, upon submission of a petition 

to the credit union as described in 

paragraph (b) of this section, to inspect 

and copy nonconfidential portions of 

the credit union’s: 

(1) Books and records of account; and 

(2) Minutes of the proceedings of the 

credit union’s members, board of 

directors, and committees of directors. 

(b) Petition for inspection. The 

petition must describe the particular 

records to be inspected and state a 

purpose for the inspection related to the 

business of the credit union. The 

petition must state that the petitioners 

as a whole, or certain named petitioners, 

agree to pay the direct and reasonable 

costs associated with search and 

duplication of requested material. The 

petition must also state that the 

inspection is not desired for any 

purpose in the interest of a business or 

object other than the business of the 

credit union; that the members signing 

the petition have not within five years 

preceding the signature date sold or 

offered for sale, and do not now intend 

to sell or offer for sale, any information 

obtained from the credit union; and that 

the members signing the petition have 

not within the past five years aided or 

abetted any other person in procuring 

any information from the credit union 

for purposes of sale. The petition must 

name one or more members who will 

represent the petitioners on issues such 

as inspection procedures, costs, and 

potential disputes. At least one percent 

of the credit union’s members, with a 

minimum of 20 members and a 

maximum of 250 members, must sign 

the petition. 

(c) Inspection procedures. Within 14 

days of receipt of a petition, the federal 

credit union must either allow 

inspection and copying of all requested 

material or inform the petitioning 

members in writing why it is not able 

to do so. Inspection may be made in 

person or by agent or attorney and at 

any reasonable time or times. Member 

inspection rights under this paragraph 

are in addition to any other member 

inspection rights afforded by law, 

regulation, or the credit union’s bylaws. 

(d) Confidential books, records, and 

minutes. Members do not have the right 

to inspect any portion of the books, 

records, or minutes of a federal credit 

union if: 

(1) Federal law or regulation prohibits 

disclosure of that portion, 

(2) The portion contains nonpublic 

personal information as defined in 

§ 716.4 of this part; or 

(3) The portion contains information 

about credit union employees or 

officials the disclosure of which would 

constitute a clearly unwarranted 

invasion of personal privacy. Members 

may, however, inspect materials 

describing the compensation and 

benefits provided by the credit union to 

its senior executive officers, and the 

qualifications of the senior executive 

officers, as that term is defined in 

§ 701.14 of this part. 

(e) Costs. A federal credit union may 

charge petitioners the direct and 

reasonable costs associated with search 

and duplication. The credit union may 

not charge for other costs, including 

indirect costs or attorney’s fees. 

(f) Dispute resolution. In the event of 

a dispute between a federal credit union 

and its members concerning a petition 

for inspection or the associated costs, 

either party may submit the dispute to 

the regional director. The regional 

director, after obtaining the views of 

both parties, will direct the credit union 

either to withhold the disputed 

materials or to make them available for 

member inspection and copying. The 

regional director may place conditions 

upon release, if appropriate. The 

decision of the regional director is a 

final agency decision and is not 

appealable to the Board. 

[FR Doc. E7–7610 Filed 4–20–07; 8:45 am] 

BILLING CODE 7535–01–P 

NATIONAL CREDIT UNION 

ADMINISTRATION 

12 CFR Part 708b 

Disclosure of Merger Related 

Compensation Arrangements 

AGENCY: National Credit Union 

Administration (NCUA). 

ACTION: Proposed rule with request for 

comments. 

SUMMARY: NCUA is issuing a proposed 

rule on mergers to require all federally 

insured credit unions to include in the 

merger plan submitted to NCUA a 

description of any arrangements 

providing a material increase in 

compensation or benefits to senior 

management officials in connection 

with the merger. The proposed rule also 

requires federal credit unions to 

disclose the existence of such 

compensation arrangements in the 

materials provided to members voting 

on whether to approve the merger. The 

proposed rule will ensure members of a 

merging federal credit union and NCUA 

are fully informed about arrangements 

providing for a material increase in 

compensation or benefits to senior 

management officials before considering 

whether to approve the merger. NCUA 

believes this requirement will assure 

merger decisions are based on the best 

interests of the members. 

DATES: Comments must be received on 

or before June 22, 2007. 

ADDRESSES: You may submit comments 

by any of the following methods (Please 

send comments by one method only): 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• NCUA Web site: http:// 

www.ncua.gov/news/proposed_regs/ 

proposed_regs.html. Follow the 

instructions for submitting comments. 

• E-mail: Address to 

regcomments@ncua.gov. Include ‘‘[Your 

name] Comments on Proposed Rule Part 

708b (Disclosure of Merger Related 

Compensation)’’ in the e-mail subject 

line. 

• Fax: (703) 518–6319. Use the 

subject line described above for e-mail. 

• Mail: Address to Mary Rupp, 

Secretary of the Board, National Credit 

Union Administration, 1775 Duke 

Street, Alexandria, Virginia 22314–

3428. 

• Hand Delivery/Courier: Same as 

mail address. 

FOR FURTHER INFORMATION CONTACT: Ross 

Kendall, Staff Attorney, Office of 

General Counsel, at the above address or 

telephone: (703) 518–6540. 

SUPPLEMENTARY INFORMATION: 


pwalker on PROD1PC71 with PROPOSALS
20068 Federal Register / Vol. 72, No. 77 / Monday, April 23, 2007 / Proposed Rules 

A. Background 

The Federal Credit Union Act (Act) 

authorizes the NCUA Board to prescribe 

rules regarding mergers of federallyinsured credit unions and changes in 

insured status and requires written 

approval of the Board before one or 

more federally-insured credit unions 

merge. 12 U.S.C. 1766(a), 1785(b), 

1785(c), 1789(a). Part 708b of NCUA’s 

rules implements this authority and 

applies to both corporate credit union 

and natural person credit unions. 12 

CFR part 708b. The rule provides for 

NCUA review and approval of any 

merger involving a federally-insured 

credit union. 12 CFR 708b.104(a). 

Where a merging credit union is a 

federal credit union, members have the 

right to vote on whether to approve the 

merger, subject to one exception; NCUA 

may permit a merger without a member 

vote if it determines the FCU is in 

danger of insolvency and a merger will 

protect the National Credit Union Share 

Insurance Fund. 12 CFR 708b.106, 

708b.105(b). 

As with any maturing industry, 

consolidation in the nation’s credit 

unions is occurring and is expected to 

continue. Efforts to increase efficiencies 

through improved economies of scale, 

along with improvements in 

information technology and the 

increasing costs associated with 

compliance, all contribute to the trend 

toward consolidation. The increasingly 

competitive marketplace for financial 

services in which credit unions operate 

adds additional pressure to consolidate. 

Most of this consolidation is 

occurring through voluntary mergers of 

credit unions. With the increase in 

merger activity, some credit unions may 

find themselves in the position of being 

a potential merger partner with more 

than one other credit union. In this 

position, management of the credit 

union will naturally want to evaluate 

competing opportunities and should 

consider which of the potential merger 

partners offers the best fit, in terms of 

member philosophy and continued or 

expanded services and products for its 

membership. 

B. Proposed Rule 

The NCUA Board is concerned that 

prospective merger partners may seek to 

improperly influence the outcome of 

deliberations by a board of directors of 

the merging credit union. The support 

of senior management officials of a 

credit union considered for merger may 

influence a decision to approve a merger 

plan with a particular merger partner. 

Thus, a potential merger partner might 

agree to provide financial incentives in 

exchange for support from senior 

management. 

This proposed rule would require all 

federally-insured credit unions to 

describe any financial arrangements 

providing a material increase in 

compensation or benefit to a senior 

management official in the merger plan 

submitted to the NCUA. For purposes of 

the disclosure requirement, the proposal 

defines a material increase as an 

increase of 15% above the official’s 

current compensation or $10,000, 

whichever is greater. Compensation 

includes salary as well as any indirect 

compensation such as bonus, deferred 

compensation or other financial reward. 

NCUA would determine, on a case by 

case basis, whether to request further 

details about an arrangement in 

connection with its review of the merger 

plan. 

Where a merging credit union is 

federally chartered, the proposal would 

also require disclosure of the existence 

of a material increase in compensation 

to its members before their vote on the 

merger. State law governs whether 

members of a state-chartered credit 

union are entitled to vote; therefore, 

NCUA is only proposing this 

requirement for federal credit unions. 

Any individual member of a federal 

credit union wishing to review the 

details of the arrangement would be 

entitled to inspect the credit union’s 

records detailing the arrangement. The 

inspection would be at an office of the 

credit union during regular business 

hours and a member requesting it would 

need to submit a request in writing to 

the credit union at least one day before 

the date announced for the meeting 

called for the purpose of voting on the 

merger. 

NCUA notes that the proposed 

creation of a member inspection right in 

the context of merger related 

compensation arrangements is specific 

to these limited circumstances. 

Simultaneously with the adoption of 

this proposal, NCUA is also proposing 

a broader, more general rule to govern 

member access to federal credit union 

records. In accordance with settled rules 

of construction, a more specific 

provision in a rule takes precedence 

over a broader provision of general 

applicability. Norman j. Singer, statutes 

and statutory construction, § 51.05 (6th 

Ed., 2000). Thus, a member asserting a 

right to review documents relating to 

merger related compensation would be 

entitled to follow the procedures 

outlined in this rule and not the general 

procedures relating to member access to 

records. 

The proposed rule would permit a 

member to review merger related 

compensation records without making 

or retaining copies at ‘‘an’’ office of the 

credit union, including branch office 

locations. The Board recognizes that 

requested documents may be at a credit 

union office at some distance from 

where members may live and that 

conducting a review may be difficult or 

expensive for members. The Board 

expects credit unions and their 

members to work out reasonable 

arrangements about how a review can 

take place that are mutually acceptable. 

For example, a credit union may agree 

to provide photocopies to a branch 

office location convenient to the 

member. The Board solicits comment on 

this subject. 

The NCUA Board believes this 

proposed rule will help assure that 

management’s decision to recommend a 

merger is based on sound business 

judgment reflecting the best interests of 

the members. The Board also notes the 

proposal tracks an Office of Thrift 

Supervision (OTS) regulation that 

requires disclosure of officer 

compensation, among other matters, in 

a merging thrift’s merger approval 

application; the OTS rule states an 

increase in compensation paid to an 

officer, director or controlling person of 

a merging federal thrift or savings bank 

is presumed to be unreasonable and a 

sale of control if it exceeds the greater 

of 15% or $10,000. 12 CFR 

563.22(d)(1)(vi)(C). The Board also notes 

comparable disclosure requirements 

relating to economic benefits for 

directors and senior management 

officials are in NCUA’s rule on 

conversions of insured credit unions to 

mutual savings banks. 12 CFR 

708a.4(d)(1)(iii). 

The proposed rule addresses 

arrangements providing material 

economic benefits to board members or 

senior management officials of the 

merging credit union. The NCUA Board 

believes these individuals are most 

likely to be in a position to negotiate 

personally advantageous compensation 

arrangements. The Board also 

understands retention agreements and 

bonuses for persons holding managerial 

or technical positions may be essential 

for a successful merger, and the 

proposed rule does not prohibit offering 

retention agreements or bonuses that a 

continuing credit union believes are 

appropriate, including arrangements 

affecting senior management officials. In 

this respect, the Board notes it does not 

intend to substitute its business 

judgment for that of the boards of the 

merging and continuing credit unions 

on marketplace demands and reasonable 

compensation arrangements. The 

proposed rule change focuses on 


pwalker on PROD1PC71 with PROPOSALS
Federal Register / Vol. 72, No. 77 / Monday, April 23, 2007 / Proposed Rules 20069 

transparency and the principle that full 

disclosure usually results in more 

informed and better membership 

decisions. 

The Board recognizes that, in some 

cases, officials of the merging credit 

union may be retained by the 

continuing credit union and assigned 

additional duties with greater 

responsibilities. In those cases, the 

continuing credit union may offer to pay 

officials relatively greater compensation 

than they earned with the merging 

credit union. Credit unions should be 

able to support these types of increases 

in compensation, bonuses, or retention 

agreements in the required disclosures. 

The proposed rule would simply require 

a description of these arrangements in 

the merger plan and, in the case of a 

merging federal credit union, disclosure 

of their existence to the membership 

before their vote on approving the 

merger. 

State law governs whether members 

of a merging state chartered credit union 

are entitled to vote on a proposed 

merger. If a state law requires a state 

supervisory authority’s approval, 

NCUA’s rule requires evidence that the 

state supervisory authority has 

approved the merger as part of the 

material submitted to the appropriate 

Regional Director. 12 CFR 

708b.104(a)(6). For corporate credit 

unions, the NCUA Merger and 

Conversion Manual specifies that credit 

unions submit their merger requests to 

NCUA’s Office of Corporate Credit 

Unions. NCUA 8056/M 6300 (June 

2005). 

C. Proposed Amendments 

Definitions. The proposal adds two 

new definitions to the rule. ‘‘Merger 

related financial arrangement’’ is 

defined to mean an increase in direct or 

indirect compensation of 15% or 

$10,000, whichever is greater, that any 

board member or senior management 

official of a merging credit union may 

receive in connection with a merger 

transaction. Such an increase is 

considered material and would need to 

be disclosed. The term does not include 

an agreement to retain a senior 

management official in a comparable 

managerial role with the continuing 

credit union, so long as the agreement 

is limited to retention and does not 

include any financial component 

resulting in a material increase, as 

defined, above the official’s existing 

compensation package. The second new 

definition, ‘‘senior management 

official,’’ includes the chief executive 

officer (who may hold the title of 

president or treasurer/manager), any 

assistant chief executive officer, and the 

chief financial officer. This definition 

conforms to other NCUA rules affecting 

members of senior management of credit 

unions; see, e.g., 12 CFR part 703. 

Disclosures. The proposed rule would 

add to the rule’s provisions describing 

the merger plan and the approval of the 

merger proposal by members of the 

merging credit union. 12 CFR 

708b.103(a), 106(a)(2). The new 

provisions require financial 

arrangements providing a material 

increase in compensation or benefits for 

senior management officials and related 

to a merger to be described in the 

merger plan and, in the case of a 

merging federal credit union, disclosed 

to the membership in the balloting 

materials. These disclosure obligations 

would only be triggered where the 

proposed financial arrangement results 

in an increase in compensation equal to 

15% or $10,000, whichever is greater. 

Furthermore, the rule would simply 

require that the disclosure to the 

members indicate the existence of a 

material financial arrangement 

involving one or more senior 

management officials. Any individual 

member would be entitled to inspect the 

credit union’s records pertaining to the 

arrangement, at the credit union’s office 

during business hours. 

Regulatory Procedures 

Regulatory Flexibility Act 

The Regulatory Flexibility Act 

requires NCUA to prepare an analysis to 

describe any significant economic 

impact a proposed rule may have on a 

substantial number of small credit 

unions (those under ten million dollars 

in assets). Most of the mergers of federal 

credit unions involve small credit 

unions. In almost all cases, the small 

credit union merges into a much larger 

continuing credit union. The larger 

credit union is available to assist the 

small credit union with each step in the 

merger process, keeping the economic 

impact on the small credit union to a 

minimum. Accordingly, the Board does 

not anticipate that this proposed rule 

would have a significant economic 

impact on a substantial number of small 

credit unions, and, therefore, a 

regulatory flexibility analysis is not 

required. 

Paperwork Reduction Act 

The proposed changes to part 708b 

contain information collection 

requirements. As required by the 

Paperwork Reduction Act of 1995 (44 

U.S.C. 3507(d)), NCUA is submitting a 

copy of this proposed rule as part of an 

information collection package to the 

Office of Management and Budget 

(OMB) for its review and approval for 

revision of Collection of Information, 

Mergers of Federally Insured Credit 

Unions, Control Number 3133–0024. 

The proposed changes ensure that 

NCUA has sufficient information to 

determine whether to approve a 

proposed merger. The changes would 

also help ensure, in the case of a 

merging federal credit union, that 

members have sufficient and accurate 

information to exercise their vote 

properly concerning the proposed 

merger. 

In the five-year period ending June 30, 

2006, NCUA approved 1,567 mergers 

involving federally insured credit 

unions. On average for the past five 

years, therefore, there were 

approximately 313 mergers each year 

that would be covered by the proposed 

rule. NCUA estimates less than one 

percent of these mergers will involve 

merger related financial arrangements as 

defined in the proposed rule. NCUA 

estimates it will take the merging credit 

unions about five hours to describe any 

merger related financial arrangements 

and include the description in the 

merger plan and, in cases involving a 

merging federal credit union, to make 

materials available to members upon 

request. One percent of 313, treating the 

two merging credit unions as one 

respondent, or 3.1 times five hours per 

respondent equals sixteen (rounding up 

from fifteen and one-half) total annual 

burden hours associated with this 

revision to the existing collection of 

information associated with this rule, 

OMB Control Number 3133–0024. 

Total Annual Burden Hours = Sixteen 

The Paperwork Reduction Act and 

OMB regulations require that the public 

be provided an opportunity to comment 

on the paperwork requirements, 

including an agency’s estimate of the 

burden of the paperwork requirements. 

The NCUA Board invites comment on: 

(1) Whether the paperwork 

requirements are necessary; (2) the 

accuracy of NCUA’s estimates on the 

burden of the paperwork requirements; 

(3) ways to enhance the quality, utility, 

and clarity of the paperwork 

requirements; and (4) ways to minimize 

the burden of the paperwork 

requirements. 

Comments should be sent to: OMB 

Reports Management Branch, New 

Executive Office Building, Room 10202, 

Washington, DC 20503; Attention: Mark 

Menchik, Desk Officer for NCUA. Please 

send NCUA a copy of any comments 

submitted to OMB. 

The Paperwork Reduction Act 

requires OMB to make a decision 

concerning the collection of information 


pwalker on PROD1PC71 with PROPOSALS
20070 Federal Register / Vol. 72, No. 77 / Monday, April 23, 2007 / Proposed Rules 

contained in these proposed regulations 

between 30 and 60 days after 

publication of this document in the 

Federal Register. Therefore, a comment 

to OMB is best assured of having its full 

effect if OMB receives it within 30 days 

of publication. This does not affect the 

deadline for the public to comment to 

the NCUA on the proposed regulations. 

Executive Order 13132 

Executive Order 13132 encourages 

independent regulatory agencies to 

consider the impact of their actions on 

state and local interests. In adherence to 

fundamental federalism principles, 

NCUA, an independent regulatory 

agency as defined in 44 U.S.C. 3502(5), 

voluntarily complies with the executive 

order. The proposed rule would not 

have substantial direct effects on the 

states, on the connection between the 

national government and the states, or 

on the distribution of power and 

responsibilities among the various 

levels of government. NCUA has 

determined that this proposed rule does 

not constitute a policy that has 

federalism implications for purposes of 

the executive order. 

The Treasury and General Government 

Appropriations Act, 1999—Assessment 

of Federal Regulations and Policies on 

Families 

The NCUA has determined that this 

proposed rule would not affect family 

well-being within the meaning of § 654 

of the Treasury and General 

Government Appropriations Act, 1999, 

Pub. L. 105–277, 112 Stat. 2681 (1998). 

List of Subjects 12 CFR Part 708b 

Credit unions, Mergers of credit 

unions, Reporting and recordkeeping 

requirements. 

By the National Credit Union 

Administration Board on April 12, 2007. 

Mary F. Rupp, 

Secretary of the Board. 

For the reasons stated above, NCUA 

proposes to amend 12 CFR part 708b as 

follows: 

PART 708b—MERGERS OF 

FEDERALLY-INSURED CREDIT 

UNIONS; VOLUNTARY TERMINATION 

OR CONVERSION OF INSURED 

STATUS 

1. The authority citation for part 708b 

continues to read as follows: 

Authority: 12 U.S.C. 1766(a), 1785(b), 

1785(c), and 1789(a). 

2. Amend § 708b.2 by removing 

current alphabetical paragraph 

designations (a) through (k) and adding 

new definitions of ‘‘merger related 

financial arrangement’’ and ‘‘senior 

management official’’ in alphabetical 

order to read as follows: 

§ 708b.2 Definitions. 

* * * * * 

Merger related financial arrangement 

means a material increase in 

compensation (including indirect 

compensation, for example, bonuses, 

deferred compensation, or other 

financial rewards) or benefits that any 

board member or senior management 

official of a merging credit union may 

receive in connection with a merger 

transaction. For purposes of this 

definition, a material increase is an 

increase of 15% or $10,000, whichever 

is greater. 

* * * * * 

Senior management official means the 

chief executive officer (who may hold 

the title of president or treasurer/ 

manager), any assistant chief executive 

officer, and the chief financial officer. 

* * * * * 

3. Amend § 708b.103 by redesignating 

paragraphs (a)(7) through (10) as 

paragraphs (a)(8) through (11) and 

adding new paragraph (a)(7) to read as 

follows: 

§ 708b.103 Preparation of merger plan. 

(a) * * * 

(7) Description of any merger related 

financial arrangement, as defined in 

§ 708b.2. 

* * * * * 

4. Amend § 708b.106: 

A. By removing the semicolon at the 

end of paragraph (a)(2)(ii) and adding 

‘‘,and disclosure of the existence of any 

merger related financial arrangement, as 

defined in § 708b.2;’’ and 

B. By adding a new paragraph 

(a)(2)(vii) to read as follows: 

§ 708b.106 Approval of the merger 

proposal by numbers. 

(a) * * * 

(2) * * * 

(vii) Inform the members they have 

the right to inspect the credit union’s 

records pertaining to any merger related 

financial arrangement, as defined in 

§ 708b.2, by submitting a request in 

writing to the credit union at least one 

day before the date announced for the 

meeting called for the purpose of voting 

on the merger. The inspection must 

occur at an office of the credit union 

during regular business hours and is 

limited to the right to review pertinent 

documents on site, without making or 

retaining copies. 

* * * * * 

[FR Doc. E7–7608 Filed 4–20–07; 8:45 am] 

BILLING CODE 7535–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2006–26494; Directorate 

Identifier 2006–CE–79–AD] 

RIN 2120–AA64 

Airworthiness Directives; Alpha 

Aviation Design Limited (Type 

Certificate No. A48EU Previously Held 

by APEX Aircraft and AVIONS PIERRE 

ROBIN) Model R2160 Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), Department of 

Transportation (DOT). 

ACTION: Supplemental notice of 

proposed rulemaking (NPRM); 

reopening of the comment period. 

SUMMARY: We are revising an earlier 

NPRM for the products listed above. 

This proposed AD results from 

mandatory continuing airworthiness 

information (MCAI) originated by an 

aviation authority of another country to 

identify and correct an unsafe condition 

on an aviation product. The MCAI 

describes the unsafe condition as: 

* * * unchecked corrosion developing on 

the wing spars due to access for inspections 

being difficult under normal maintenance 

practices, which could lead to an unsafe 

condition and possibly a catastrophic failure 

of the wing * * * 

The proposed AD would require 

actions that are intended to address the 

unsafe condition described in the MCAI. 

DATES: We must receive comments on 

this proposed AD by May 23, 2007. 

ADDRESSES: You may send comments by 

any of the following methods: 

• DOT Docket Web site: Go to 

http://dms.dot.gov and follow the 

instructions for sending your comments 

electronically. 

• Fax: (202) 493–2251. 

• Mail: Docket Management Facility, 

U.S. Department of Transportation, 400 

Seventh Street, SW., Nassif Building, 

Room PL–401, Washington, DC 20590–

0001. 

• Hand Delivery: Room PL–401 on 

the plaza level of the Nassif Building, 

400 Seventh Street, SW., Washington, 

DC, between 9 a.m. and 5 p.m., Monday 

through Friday, except Federal holidays. 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

Examining the AD Docket 

You may examine the AD docket on 

the Internet at http://dms.dot.gov; or in 

person at the Docket Management 

Facility between 9 a.m. and 5 p.m., 


pwalker on PROD1PC71 with PROPOSALS