27730 Federal Register / Vol. 63, No. 97 /Wednesday, May 20, 1998 / Notices

newspapers, corrugated boxes (e.g. pizza

boxes) and disposable drinking cups.

Although exposure to styrene, 2-

ethylhexyl acrylate, butyl acrylate

copolymer may occur through dietary

(e.g., food wrapping containing

copolymer) and non-occupational (e.g.,

printed articles) sources, the chemical

characteristics of styrene, 2-ethylhexyl

acrylate, butyl acrylate copolymer lead

to the conclusion that there is a

reasonable certainty of no harm from

aggregate exposure to the polymer.

Given the existing widespread and

historic use of styrene, 2-ethylhexyl

acrylate, butyl acrylate copolymer, any

additional exposure resulting from the

approval of the copolymer as an inert

ingredient in pesticide formulations for

use on growing crops or to raw

agricultural commodities after harvest is

not warranted.

In addition, styrene, 2-ethylhexyl

acrylate, butyl acrylate copolymer is

approved by the Food and Drug

Administration (FDA) under 21 CFR for

contact with food as a component in

adhesives (21 CFR 175.105), coatings

(21 CFR 175.300), and paper and

paperboard (21 CFR 176.170).

C. Cumulative Effects

At this time there is no information to

indicate that any toxic effects produced

by styrene, 2-ethylhexyl acrylate, butyl

acrylate copolymer would be

cumulative with those of any other

chemical. Given the compound’s

categorization as a ‘‘low risk polymer’’

(40 CFR 723.250) and its proposed use

as an inert ingredient in pesticide

formulations, there is no reasonable

expectation of increased risk due to

cumulative exposure.

D. International Tolerances

Westvaco is petitioning that styrene,

2-ethylhexyl acrylate, butyl acrylate

copolymer be exempt from the

requirement of a tolerance based upon

its status as a low risk polymer as per

40 CFR 723.250. Therefore, analytical

methods to determine residues of

styrene, 2-ethylhexyl acrylate, butyl

acrylate copolymer in raw agricultural

commodities treated with pesticide

formulations containing styrene, 2-

ethylhexyl acrylate, butyl acrylate

copolymer have not been proposed.

[FR Doc. 98–13446 Filed 5–19–98; 8:45 am]

BILLING CODE 6560–50–F

FEDERAL DEPOSIT INSURANCE

CORPORATION

Agency Information Collection

Activities: Proposed Collection;

Comment Request

AGENCY: Federal Deposit Insurance

Corporation (FDIC).

ACTION: Notice and request for comment.

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

Act of 1995 (44 U.S.C. chapter 35).

Currently, the FDIC is soliciting

comments concerning the following

collections of information titled: (1)

Procedures for Monitoring Bank Secrecy

Act Compliance; (2) Application to

Participate in a Conversion Transaction;

(3) Application for Waiver of

Prohibition on Receipt of Brokered

Deposits by Adequately Capitalized

Insured Depository Institutions,

Registration of Deposit Brokers; (4)

Notice of Branch Closure and (5) Real

Estate Lending Standards.

DATES: Comments must be submitted on

or before July 20, 1998.

ADDRESSES: Interested parties are

invited to submit written comments to

Tamara R. Manly, Management Analyst

(Regulatory Analysis), (202) 898–7453,

Office of the Executive Secretary, Room

4058, Attention: Comments/OES,

Federal Deposit Insurance Corporation,

550 17th Street N.W., Washington, D.C.

20429. All comments should refer to the

OMB control number. Comments may

be hand-delivered to the guard station at

the rear of the 17th Street Building

(located on F Street), on business days

between 7:00 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:

Tamara R. Manly, at the address

identified above.

SUPPLEMENTARY INFORMATION:

Proposal to renew the following

currently approved collections of

information:

1. Title: Procedures for Monitoring

Bank Secrecy Act Compliance.

OMB Number: 3064–0087.

Frequency of Response: On occasion.

Affected Public: Any financial

institution complying with the

requirements of the Bank Secrecy Act.

Estimated Number of Respondents:

8,400.

Estimated Time per Response: .5

hours.

Estimated Total Annual Burden:

4,200 hours.

General Description of Collection: 12

CFR 326 requires all insured nonmenber

banks to establish and maintain

procedures designed to assure and

monitor their compliance with the

requirements of the Bank Secrecy Act

(31 U.S.C. 5311 et seq.) and the

implementing regulations promulgated

thereunder by the Department of

Treasury at 31 CFR 103.

2. Title: Application to Participate in

a Conversion Transaction.

OMB Number: 3064–0098.

Frequency of Response: On occasion.

Affected Public: Any depository

institution participating in a conversion

transaction.

Estimated Number of Respondents:

10.

Estimated Time per Response: 3

hours.

Estimated Total Annual Burden: 30

hours.

General Description of Collection:

Section 5(d) of the Federal Deposit

Insurance Act (12 U.S.C. 1815(d))

provides that no insured depository

institution may participate in a

conversion transaction without the prior

approval of the FDIC and that entrance

and exit fees shall be assessed to the

participating institutions. The FDIC

implements this statutory requirement

by requiring depository institutions

wishing to participate in conversion

transactions to submit a letter

application to obtain FDIC approval.

3. Title: Application for Waiver of

Prohibition on Receipt of Brokered

Deposits by Adequately Capitalized

Insured Depository Institutions,

Registration of Deposit Brokers.

OMB Number: 3064–0099.

Frequency of Response: On occasion.

Affected Public: Any insured

depository institution seeking a waiver

to the prohibition on the acceptance of

brokered deposits.

Estimated Number of Respondents:

175.

Estimated Time per Response: 2.2.

Estimated Total Annual Burden: 385

hours.

General Description of Collection:

Section 29 of the Federal Deposit

Insurance Act prohibits

undercapitalized insured depository

institutions from accepting, renewing,

or rolling over any brokered deposits.
Federal Register / Vol. 63, No. 97 /Wednesday, May 20, 1998 / Notices 27731

Adequately capitalized institutions may

do so with a waiver from the FDIC,

while well-capitalized institutions may

accept, renew, or roll over brokered

deposits without restriction. Section

29A requires notification by deposit

brokers of their activity and authorizes

the imposition of certain recordkeeping

and reporting requirements.

4. Title: Notice of Branch Closure.

OMB Number: 3064–0109.

Frequency of Response: As needed.

Affected Public: Any financial

institution that proposes to close a

branch.

Estimated Number of Respondents:

1,050.

Estimated Time per Response: 1.333

hours.

Estimated Total Annual Burden:

1,400 hours.

General Description of Collection:

Section 42 of the Federal Deposit

Insurance Act mandates that an

institution that proposes to close a

branch notify its primary Federal

regulator no later than 90 days prior to

the closing. The statue also provides

that a notice be posted on the premises

of the branch for the 30-day period

immediately prior to the closing and

that the customers be notified in a

mailing at least 90 days prior to the

closing. Each insured depository

institution is required to adopt policies

for branch closings.

5. Title: Real Estate Lending

Standards.

OMB Number: 3064–0112.

Frequency of Response: As needed.

Affected Public: Any financial

institution engaging in real estate

lending.

Estimated Number of Respondents:

7,400.

Estimated Time per Response: 20

hours.

Estimated Total Annual Burden:

148,000 hours.

General Description of Collection:

Institutions will use real estate lending

policies to guide their lending

operations in a manner that is consistent

with safe and sound banking practices

and appropriate to their size, nature and

scope of their operations. These policies

should address certain lending

considerations, including loan-to-value

limits, loan administration policies,

portfolio diversification standards, and

documentation, approval and reporting

requirements.

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, DC, this 14th day of

May 1998.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Executive Secretary.

[FR Doc. 98–13382 Filed 5–19–98; 8:45 am]

BILLING CODE 6714–01–M

FEDERAL MARITIME COMMISSION

Notice of Agreement(s) Filed

The Commission hereby gives notice

of the filing of the following

agreements(s) under the Shipping Act of

1984.

Interested parties can review or obtain

copies of agreements at the Washington,

DC offices of the Commission, 800

North Capitol Street, N.W., Room 962.

Interested parties may submit comments

on an agreement to the Secretary,

Federal Maritime Commission,

Washington, DC 20573, within 10 days

of the date this notice appears in the

Federal Register.

Agreement No.: 217–011622

Title: Space Charter Agreement between

Croatia Line and the CMA/Italia

Space Charter and Sailing Agreement

Parties:

Croatia Line

The CMA/Italia Space Charter and

Sailing Agreement and its member

lines: Companie Maritime

d’Affretement (‘‘CMA’’) and Italia

d’Navigazione S.p.A.

Synopsis: The proposed Agreement

authorizes the CMA/Italia Space

Charter and Sailing Agreement to

charter space to Croatia Line and to

enter into cooperative arrangements

in the trades between ports on the

Mediterranean Sea and the U.S.

Atlantic Coast. The parties have

requested expedited review.

Dated: May 14, 1998.

By Order of the Federal Maritime

Commission.

Joseph C. Polking,

Secretary.

[FR Doc. 98–13346 Filed 5–19–98; 8:45 am]

BILLING CODE 6730–01–M

FEDERAL MARITIME COMMISSION

Ocean Freight Forwarder License;

Applicants

Notice is hereby given that the

following applicants have filed with the

Federal Maritime Commission

applications for licenses as ocean freight

forwarders pursuant to section 19 of the

Shipping Act of 1984 (46 U.S.C. app.

1718 and 46 CFR 510).

Persons knowing of any reason why

any of the following applicants should

not receive a license are requested to

contact the Office of Freight Forwarders,

Federal Maritime Commission,

Washington, D.C. 20573.

Miami, Inc., 8211 NW 68 Street, Miami,

FL 33166, Officer; Javier Palenque,

President

Reliance Shipping Group, L.L.C., Rt. 5

Box 1018, 5353 I 35, Red Oak, TX

75154, Officers: Don McNally,

Managing Member, Gary Childs,

Managing Member

Razo Logistics and Documentation

Services, 1006 Beckman, Houston, TX

77076, Gloria S. Razo, Sole Proprietor

Dated: May 14, 1998.

Joseph C. Polking,

Secretary.

[FR Doc. 98–13348 Filed 5–19–98; 8:45 am]

BILLING CODE 6730–01–M

FEDERAL MARITIME COMMISSION

[Petition P2–98]

In the Matter of Jeremy Anderson,

Hitomi Matsutani d/b/a Cargo Master,

Ampac Line, and Landsea Brokers,

Inc.; Filing of Petition for a Consent

Cease and Desist Order

Notice is given that a petition has

been filed by the Commission’s Bureau

of Enforcement (‘‘BOE’’), seeking

issuance of a consent cease and desist

order that would ratify a consent

agreement entered into between BOE

and Hitomi Matsutani d/b/a/ Cargo

Master, Ampac Line, Landsea Brokers,

Inc. and Jeremy Anderson, in his

individual capacity (‘‘Respondent’’). By

the terms of the consent agreement,

Respondents would be barred from