Federal Register / Vol. 73, No. 156 / Tuesday, August 12, 2008 / Notices 46985 

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: Businesses or other 

for-profit. 

Estimated Number of Respondents: 

829. 

Estimated Number of Responses: 829. 

Estimated Frequency of Response: On 

occasion. 

Estimated Total Burden: 4,235 hours. 

Clearance Officer: Ira L. Mills, (202) 

906–6531, Office of Thrift Supervision, 

1700 G Street, NW., Washington, DC 

20552. 

Dated: August 5, 2008. 

Deborah Dakin, 

Senior Deputy Chief Counsel, Regulations and 

Legislation Division. 

[FR Doc. E8–18545 Filed 8–11–08; 8:45 am] 

BILLING CODE 6720–01–P 

DEPARTMENT OF THE TREASURY 

Office of Thrift Supervision 

Application for Issuance of 

Subordinated Debt Securities/Notice of 

Issuance of Subordinated Debt or 

Mandatorily Redeemable Preferred 

Stock 

AGENCY: Office of Thrift Supervision 

(OTS), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to comment on 

proposed and continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 44 

U.S.C. 3507. The Office of Thrift 

Supervision within the Department of 

the Treasury will submit the proposed 

information collection requirement 

described below to the Office of 

Management and Budget (OMB) for 

review, as required by the Paperwork 

Reduction Act. Today, OTS is soliciting 

public comments on its proposal to 

extend this information collection. 

DATES: Submit written comments on or 

before October 14, 2008. 

ADDRESSES: Send comments, referring to 

the collection by title of the proposal or 

by OMB approval number, to 

Information Collection Comments, Chief 

Counsel’s Office, Office of Thrift 

Supervision, 1700 G Street, NW., 

Washington, DC 20552; send a facsimile 

transmission to (202) 906–6518; or send 

an e-mail to 

infocollection.comments@ots.treas.gov. 

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, or send a 

facsimile transmission to (202) 906–

7755. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information 

about this proposed information 

collection from Patricia D. Goings (202) 

906–5668, 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. 

Comments should address one or 

more of the following points: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of OTS; 

b. The accuracy of OTS’s estimate of 

the burden of the proposed information 

collection; 

c. Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

d. Ways to minimize the burden of the 

information collection on respondents, 

including through the use of 

information technology. 

We will summarize the comments 

that we receive and include them in the 

OTS request for OMB approval. All 

comments will become a matter of 

public record. In this notice, OTS is 

soliciting comments concerning the 

following information collection. 

Title of Proposal: Application for 

Issuance of Subordinated Debt 

Securities/Notice of Issuance of 

Subordinated Debt or Mandatorily 

Redeemable Preferred Stock. 

OMB Number: 1550–0030. 

Form Numbers: 1344 and 1561. 

Regulation Requirement: 12 CFR part 

563.81. 

Description: The information 

collection provides the OTS with 

necessary details to determine if the 

proposed issuance of securities will 

benefit the savings association or create 

unreasonable risks. If the information 

required were not collected, the OTS 

would not be able to properly evaluate 

whether the request to issue securities 

conforms to the applicable statutory and 

regulatory requirements. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Businesses or other 

for-profit. 

Estimated Number of Respondents: 7. 

Estimated Number of Responses: 7. 

Estimated Frequency of Response: On 

occasion. 

Estimated Total Burden: 7 hours. 

Clearance Officer: Ira L. Mills, (202) 

906–6531, Office of Thrift Supervision, 

1700 G Street, NW., Washington, DC 

20552. 

Dated: August 5, 2008. 

Deborah Dakin, 

Senior Deputy Chief Counsel, Regulations and 

Legislation Division. 

[FR Doc. E8–18546 Filed 8–11–08; 8:45 am] 

BILLING CODE 6720–01–P 


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