Federal Register / Vol. 76, No. 101 / Wednesday, May 25, 2011 / Rules and Regulations 30253 

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. This rule would not have 

substantial direct effect 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 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 

NCUA has determined that this rule 

would not affect family well-being 

within the meaning of section 654 of the 

Treasury and General Government 

Appropriations Act, 1999, Public Law 

105–277, 112 Stat. 2681 (1998). 

List of Subjects in 12 CFR Part 745 

Credit unions, Share insurance. 

By the National Credit Union 

Administration Board on May 19, 2011. 

Mary F. Rupp, 

Secretary of the Board. 

For the reasons discussed above, 

NCUA amends 12 CFR Part 745 as 

follows: 

PART 745—SHARE INSURANCE AND 

APPENDIX 

■ 1. The authority citation for Part 745 

continues to read as follows: 

Authority: 12 U.S.C. 1752(5), 1757, 1765, 

1766, 1781, 1782, 1787, 1789. 

■ 2. Amend § 745.1 by adding a new 

paragraph (f) to read as follows: 

§ 745.1 Definitions. 

* * * * * 

(f) The term noninterest-bearing 

transaction account means an account 

or deposit maintained at an insured 

credit union— 

(1) With respect to which either 

interest or dividends are neither accrued 

nor paid; 

(2) On which the account holder or 

depositor is permitted to make 

withdrawals by negotiable or 

transferable instrument, payment orders 

of withdrawal, telephone or other 

electronic media transfers, or other 

similar items for the purpose of making 

payments or transfers to third parties or 

others; and 

(3) On which the insured credit union 

does not reserve the right to require 

advance notice of an intended 

withdrawal. 

■ 3. Add § 745.14 to read as follows: 

§ 745.14 Noninterest-bearing transaction 

accounts. 

(a) Separate insurance coverage. 

Through December 31, 2012, a 

member’s funds in a ‘‘noninterestbearing transaction account’’ (as defined 

in § 745.1(f) of this part) are fully 

insured, irrespective of the SMSIA. 

Such insurance coverage shall be 

separate from the coverage provided for 

other accounts maintained at the same 

insured credit union. 

(b) Certain swept funds. NCUA will 

treat funds swept from a noninterestbearing transaction account to a 

noninterest-bearing savings deposit 

account as being in a noninterestbearing transaction account. 

(c) Disclosure and notice 

requirements. (1) Each insured credit 

union that offers noninterest-bearing 

transaction accounts must post 

prominently the following notice in the 

lobby of its main office, in each branch 

and, if it offers internet deposit services, 

on its Web site: 

NOTICE OF CHANGES IN 

TEMPORARY NCUA INSURANCE 

COVERAGE FOR TRANSACTION 

ACCOUNTS 

All funds in a ‘‘noninterest-bearing 

transaction account’’ are insured in full 

by the National Credit Union 

Administration through December 31, 

2012. This temporary unlimited 

coverage is in addition to, and separate 

from, the coverage of at least $250,000 

available to members under the NCUA’s 

general share insurance rules. 

The term ‘‘noninterest-bearing 

transaction account’’ includes a 

traditional share draft account (or 

demand deposit account) on which the 

insured credit union pays no interest or 

dividend. It does not include any 

transaction account that may earn 

interest or dividends, a negotiable order 

of withdrawal (‘‘NOW’’) account, moneymarket deposit account, and Interest on 

Lawyers Trust Account (‘‘IOLTA’’), even 

if share drafts may be drawn on the 

account. For more information about 

temporary NCUA insurance coverage of 

transaction accounts, visit 

www.ncua.gov. 

(2) If an insured credit union uses 

sweep arrangements, modifies the terms 

of an account, or takes other actions that 

result in funds no longer being eligible 

for full coverage under this section, the 

insured credit union must notify 

affected members and clearly advise 

them, in writing, that such actions will 

affect their share insurance coverage. 

[FR Doc. 2011–12826 Filed 5–24–11; 8:45 am] 

BILLING CODE 7535–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2008–1098; Directorate 

Identifier 2008–NM–108–AD; Amendment 

39–16532; AD 2010–24–13] 

RIN 2120–AA64 

Airworthiness Directives; The Boeing 

Company Model 747–100, 747–100B, 

747–100B SUD, 747–200B, 747–200C, 

747–200F, 747–300, 747SR, and 747SP 

Series Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule; correction. 

SUMMARY: The FAA is correcting an 

airworthiness directive (AD) that 

published in the Federal Register. That 

AD applies to the products listed above. 

The reference to a ‘‘sub-section number’’ 

in paragraph (g) of the regulatory section 

is incorrect. This document corrects that 

error. In all other respects, the original 

document remains the same. 

DATES: This final rule is effective May 

25, 2011. The effective date for AD 

2010–24–13 remains January 20, 2011. 

ADDRESSES: You may examine the AD 

docket on the Internet at http:// 

www.regulations.gov; or in person at the 

Docket Management Facility between 

9 a.m. and 5 p.m., Monday through 

Friday, except Federal holidays. The AD 

docket contains this AD, the regulatory 

evaluation, any comments received, and 

other information. The address for the 

Docket Office (phone: 800–647–5527) is 

Document Management Facility, U.S. 

Department of Transportation, Docket 

Operations, M–30, West Building 

Ground Floor, Room W12–140, 1200 

New Jersey Avenue, SE., Washington, 

DC 20590. 

FOR FURTHER INFORMATION CONTACT: 

Tung Tran, Aerospace Engineer, 

Propulsion Branch, ANM–140S, FAA, 

Seattle Aircraft Certification Office, 

1601 Lind Avenue, SW., Renton, 

Washington 98057–3356; phone: 425– 

917–6505; fax: 425–917–6590; e-mail: 

tung.tran@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Airworthiness Directive 2010–24–13, 

amendment 39–16532 (75 FR 78591, 

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30254 Federal Register / Vol. 76, No. 101 / Wednesday, May 25, 2011 / Rules and Regulations 

December 16, 2010), currently requires 

adding two new indicator lights on a 

certain panel to inform the captain and 

first officer of a low pressure condition 

in the left and right override/jettison 

pumps of the center wing tanks. That 

AD also requires replacing the left and 

right override/jettison switches on the 

M154 fuel control module on the P4 

panel with improved switches and 

doing the associated wiring changes. 

That AD also requires, for certain 

airplanes, installation of a mounting 

bracket for the new indicator lights. In 

addition, that AD requires a revision to 

the maintenance program to incorporate 

airworthiness limitation No. 28–AWL– 

22. Additionally, that AD requires a 

revision to the airplane flight manual to 

advise the flightcrew what to do in the 

event that the pump low pressure light 

on the flight engineer’s panel does not 

illuminate when the pump is selected 

off. That AD requires those actions for 

Model 747–100, 747–100B, 747–100B 

SUD, 747–200B, 747–200C, 747–200F, 

747–300, 747SR, and 747SP series 

airplanes. 

As published, the reference to ‘‘subsection number is ‘28–60–06’ ’’ in 

paragraph (g) of the regulatory section is 

incorrect. The correct sub-section 

number is 20–60–06. 

No other part of the preamble or 

regulatory information has been 

changed; therefore, only the changed 

portion of the final rule is being 

published in the Federal Register. 

The effective date of this AD remains 

January 20, 2011. 

Correction of Regulatory Text 

§ 39.13 [Corrected] 

In the Federal Register of December 

16, 2010, on page 78593, in the second 

and third columns, paragraph (g) of AD 

2010–24–13 is corrected to read as 

follows: 

* * * * * 

(g) Within 36 months after the effective 

date of this AD: For airplanes with a P10 

panel installed, add two new indicator lights 

on the P10 panel to inform the captain and 

first officer of a low pressure condition in the 

left and right override/jettison pumps of the 

center wing tanks, and, for airplanes that do 

not have the warning panel (P10 panel) 

installed, add a mounting bracket and two 

new indicator lights to the Autopilot Flight 

Director panel; and replace the left and right 

override/jettison switches on the M154 fuel 

control module on the P4 panel with 

improved switches; and do the associated 

wiring changes. Accomplish these actions by 

doing all of the applicable actions specified 

in the Accomplishment Instructions of 

Boeing Service Bulletin 747–28A2288, 

Revision 1, dated January 21, 2010, except 

where that service bulletin states ‘‘20–60–00,’’ 

the correct sub-section number is ‘‘20–60– 

06,’’ and except as described in Table 1 of 

this AD. 

* * * * * 

Issued in Renton, Washington, on May 13, 

2011. 

Ali Bahrami, 

Manager, Transport Airplane Directorate, 

Aircraft Certification Service. 

[FR Doc. 2011–12591 Filed 5–24–11; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 301 

[TD 9519] 

RIN 1545–BF33 

Taxpayer Assistance Orders; 

Correction 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Correction to final regulations. 

SUMMARY: This document contains a 

correction to final regulations (TD 9519) 

that were published in the Federal 

Register on Friday, April 1, 2011 (76 FR 

18059) relating to taxpayer assistance 

orders. 

DATES: This correction is effective May 

25, 2011 and applicable April 1, 2011. 

FOR FURTHER INFORMATION CONTACT: 

Janice R. Feldman, (202) 622–8488 (not 

a toll free number). 

SUPPLEMENTARY INFORMATION: 

Background 

The final regulations (TD 9519) that 

are the subject of this correction are 

under section 7811 of the Internal 

Revenue Code. 

Need for Correction 

As published, the final regulations 

(TD 9519) contain an error that may 

prove to be misleading and is in need 

of clarification. 

Correction of Publication 

Accordingly, the final regulations (TD 

9519), that are the subject of FR Doc. 

2011–7770, is corrected as follows: 

On page 18060, column 1, under the 

paragraph heading ‘‘Background’’, line 3 

from the top of the paragraph, the 

language ‘‘under sections 7811 of the 

Internal’’ is corrected to read ‘‘under 

section 7811 of the Internal’’. 

LaNita VanDyke, 

Chief, Publications and Regulations Branch, 

Legal Processing Division, Associate Chief 

Counsel (Procedure and Administration). 

[FR Doc. 2011–12791 Filed 5–24–11; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF DEFENSE 

Department of the Navy 

32 CFR Part 706 

Certifications and Exemptions Under 

the International Regulations for 

Preventing Collisions at Sea, 1972 

AGENCY: Department of the Navy, DoD. 

ACTION: Final rule. 

SUMMARY: The Department of the Navy 

(DoN) is amending its certifications and 

exemptions under the International 

Regulations for Preventing Collisions at 

Sea, 1972 (72 COLREGS), to reflect that 

the Deputy Assistant Judge Advocate 

General (DAJAG) (Admiralty and 

Maritime Law) has determined that USS 

CALIFORNIA (SSN 781) is a vessel of 

the Navy which, due to its special 

construction and purpose, cannot fully 

comply with certain provisions of the 72 

COLREGS without interfering with its 

special function as a naval ship. The 

intended effect of this rule is to warn 

mariners in waters where 72 COLREGS 

apply. 

DATES: This rule is effective May 25, 

2011 and is applicable beginning May 

13, 2011. 

FOR FURTHER INFORMATION CONTACT: 

Lieutenant Jaewon Choi, (Admiralty and 

Maritime Law), Office of the Judge 

Advocate General, Department of the 

Navy, 1322 Patterson Ave., SE., Suite 

3000, Washington Navy Yard, DC 

20374–5066, telephone 202–685–5040. 

SUPPLEMENTARY INFORMATION: Pursuant 

to the authority granted in 33 U.S.C. 

1605, the DoN amends 32 CFR Part 706. 

This amendment provides notice that 

the DAJAG (Admiralty and Maritime 

Law), under authority delegated by the 

Secretary of the Navy, has certified that 

USS CALIFORNIA (SSN 781) is a vessel 

of the Navy which, due to its special 

construction and purpose, cannot fully 

comply with the following specific 

provisions of 72 COLREGS without 

interfering with its special function as a 

naval ship: Annex I, paragraph 2(a)(i), 

pertaining to the vertical placement of 

the masthead light; Annex I, paragraph 

2(k), pertaining to the vertical 

separation of the anchor lights and 

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