49204 Federal Register / Vol. 73, No. 162 / Wednesday, August 20, 2008 / Notices 

License Number: 020499F. 

Name: KOC Enterprise Inc. 

Address: 111 Lakeview Drive, Old 

Tappan, NJ 07675. 

Date Revoked: July 31, 2008. 

Reason: Failed to maintain a valid 

bond. 

License Number: 020747N. 

Name: Prime Logistics Int’l, Inc. 

Address: 6900 NW 84th Avenue, 

Miami, FL 33166. 

Date Revoked: July 18, 2008. 

Reason: Failed to maintain a valid 

bond. 

License Number: 019586NF. 

Name: USL Logistics, LLC. 

Address: 3621 S. Harbor Blvd., Suite 

225, Santa Ana, CA 92704. 

Date Revoked: July 18, 2008. 

Reason: Failed to maintain valid 

bonds. 

Sandra L. Kusumoto, 

Director, Bureau of Certification and 

Licensing. 

[FR Doc. E8–19329 Filed 8–19–08; 8:45 am] 

BILLING CODE 6730–01–P 

FEDERAL RESERVE SYSTEM 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

SUMMARY: Background. Notice is hereby 

given of the final approval of proposed 

information collections by the Board of 

Governors of the Federal Reserve 

System (Board) under OMB delegated 

authority, as per 5 CFR 1320.16 (OMB 

Regulations on Controlling Paperwork 

Burdens on the Public). Board-approved 

collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. Copies of the 

Paperwork Reduction Act Submission, 

supporting statements and approved 

collection of information instrument(s) 

are placed into OMB’s public docket 

files. The Federal Reserve may not 

conduct or sponsor, and the respondent 

is not required to respond to, an 

information collection that has been 

extended, revised, or implemented on or 

after October 1, 1995, unless it displays 

a currently valid OMB control number. 

FOR FURTHER INFORMATION CONTACT:

Federal Reserve Board Clearance 

Officer—Michelle Shore—Division of 

Research and Statistics, Board of 

Governors of the Federal Reserve 

System, Washington, DC 20551 (202–

452–3829). 

OMB Desk Officer—Alexander T. 

Hunt—Office of Information and 

Regulatory Affairs, Office of 

Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503. 

Final approval under OMB delegated 

authority of the extension for three 

years, without revision, of the following 

reports: 

1. Report title: Notifications Related to 

Community Development and Public 

Welfare Investments of State Member 

Banks. 

Agency form number: FR H–6. 

OMB control number: 7100–0278. 

Frequency: Event-generated. 

Reporters: State member banks. 

Annual reporting hours: 86. 

Estimated average hours per response: 

Investment notice, 2 hours; application 

(prior approval) 5 hours; and extension 

of divestiture period, 5 hours. 

Number of respondents: Investment 

notice, 38; application (prior approval), 

1; and extension of divestiture period, 1. 

General description of report: This 

information collection is required to 

obtain a benefit (12 U.S.C. 338a and 12 

CFR 208.22). Individual respondent data 

generally are not regarded as 

confidential but information that is 

proprietary or concerns examination 

ratings would be considered 

confidential. 

Abstract: Regulation H requires state 

member banks that want to make 

community development or public 

welfare investments to comply with the 

Regulation H notification requirements: 

(1) If the investment does not require 

prior Board approval, a written notice 

must be sent to the appropriate Federal 

Reserve Bank; (2) if certain criteria are 

not met, a request for approval must be 

sent to the appropriate Federal Reserve 

Bank; and, (3) if the Board orders 

divestiture but the bank cannot divest 

within the established time limit, a 

request or requests for extension of the 

divestiture period must be submitted to 

the appropriate Federal Reserve Bank. 

Current Actions: On June 3, 2008, the 

Federal Reserve published a notice in 

the Federal Register (73 FR 31684) 

requesting public comment for 60 days 

on the extension, without revision, of 

the FR H–6 information collection. The 

comment period for this notice expired 

on August 4, 2008. The Federal Reserve 

did not receive any comments. 

Proposal to approve under OMB 

delegated authority the extension for 

three years, with revision, of the 

following reports: 

1. Report title: Application for 

Membership in the Federal Reserve 

System. 

Agency form number: FR 2083, 

2083A, 2083B, and 2083C. 

OMB control number: 7100–0046. 

Frequency: On occasion. 

Reporters: Newly organized banks 

that seek to become state member banks, 

or existing banks or savings institutions 

that seek to convert to state member 

bank status. 

Annual reporting hours: 260 hours. 

Estimated average hours per response: 

4 hours. 

Number of respondents: 65. 

General description of report: This 

information collection is authorized by 

Section 9 of the Federal Reserve Act (12 

U.S.C. 321, 322, and 333) and is 

required to obtain or retain a benefit. 

Most individual respondent data are not 

considered confidential. Applicants 

may, however, request that parts of their 

membership applications be kept 

confidential, but in such cases the 

Applicant must justify its request by 

demonstrating how an exemption under 

the Freedom of Information Act (FOIA) 

is satisfied. The confidentiality status of 

the information submitted will be 

judged on a case-by-case basis. 

Abstract: The application for 

membership is a required one-time 

submission that collects the information 

necessary for the Federal Reserve to 

evaluate the statutory criteria for 

admission of a new or existing state 

bank into membership in the Federal 

Reserve System. The application 

collects managerial, financial, and 

structural data. 

Current actions: On June 3, 2008, the 

Federal Reserve published a notice in 

the Federal Register (73 FR 31684) 

requesting public comment for 60 days 

on the extension, with revision, of the 

applications. The comment period for 

this notice expired on August 4, 2008. 

The Federal Reserve did not receive any 

comments. The revisions will be 

implemented as proposed. 

2. Report title: Applications for 

Subscription to, Adjustment in the 

Holding of, and Cancellation of Federal 

Reserve Bank Stock. 

Agency form number: FR 2030, FR 

2030a, FR 2056, FR 2086, FR 2086a, and 

FR 2087. 

OMB control number: 7100–0042. 

Frequency: On occasion. 

Reporters: National, state member, 

and nonmember banks. 

Annual reporting hours: FR 2030, 15 

hours; FR 2030a, 26 hours; FR 2056, 864 

hours; FR 2086, 1 hour; FR 2086a, 18 

hours; and FR 2087, 2 hours. 

Estimated average hours per response: 

0.5 hours. 

Number of respondents: FR 2030, 30; 

FR 2030a, 52; FR 2056, 1,728; FR 2086, 

2; FR 2086a, 36; and FR 2087, 4. 

General description of report: These 

information collections are mandatory. 

• FR 2030 and FR 2030a: (12 U.S.C. 

§§ 222, 282, 248(a), and 321); 


dwashington3 on PRODPC61 with NOTICES
Federal Register / Vol. 73, No. 162 / Wednesday, August 20, 2008 / Notices 49205 

• FR 2056: (12 U.S.C. 287, 248(a) and 

(i)); 

• FR 2086: (12 U.S.C. 287, 248(a) and 

(i)); 

• FR 2086a: (12 U.S.C. 321, 287, and 

248(a)); and 

• FR 2087: (12 U.S.C. 288 and 248 (a) 

and (i)). 

Most individual respondent data are 

not considered confidential. Applicants 

may, however, request that parts of their 

membership applications be kept 

confidential, but in such cases the 

Applicant must justify its request by 

demonstrating how an exemption under 

the FOIA is satisfied. The 

confidentiality status of the information 

submitted will be judged on a case-bycase basis. 

Abstract: These application forms are 

required by the Federal Reserve Act and 

Regulation I. These forms must be used 

by a new or existing member bank 

(including a national bank) to request 

the issuance, and adjustment in, or 

cancellation of Federal Reserve Bank 

stock. The forms must contain certain 

certifications by the applicants, as well 

as certain other financial and 

shareholder data that is needed by the 

Federal Reserve to process the request. 

Current actions: On June 3, 2008, the 

Federal Reserve published a notice in 

the Federal Register (73 FR 31684) 

requesting public comment for 60 days 

on the extension, with revision, of the 

applications. The comment period for 

this notice expired on August 4, 2008. 

The Federal Reserve did not receive any 

comments. 

The Federal Reserve proposed to add 

additional signature lines the FR 2030, 

2030a, 2056, and 2086a that were 

intended to facilitate the processing of 

each application form by the 

appropriate Reserve Bank. However, 

after further review the Federal Reserve 

decided to remove from consideration 

the proposed additional signature lines 

because it could create greater confusion 

for the banks while adding little benefit 

to the Federal Reserve. 

3. Report title: Report of Changes in 

Organizational Structure, Supplement to 

the Report of Changes in Organizational 

Structure, Annual Report of Bank 

Holding Companies, Annual Report of 

Foreign Banking Organizations. 

Agency form numbers: FR Y–10, FR 

Y–10E, FR Y–6, and FR Y–7. 

OMB control number: 7100–0297. 

Frequency: Event-generated, annual. 

Reporters: Bank holding companies 

(BHCs), foreign banking organizations 

(FBOs), member banks, Edge and 

agreement corporations. 

Annual reporting hours: FR Y–10, 

26,712 hours; FR Y–10E, 1,384 hours; 

FR Y–6, 27,069 hours; and FR Y–7, 900 

hours. 

Estimated average hours per response: 

FR Y–10, 1.00 to 1.25 hours; FR Y–10E, 

0.50 hours; FR Y–6, 5.25 hours; and FR 

Y–7, 3.50 hours. 

Number of respondents: FR Y–10, 

5,952; FR Y–10E, 2,768; FR Y–6, 5,156; 

and FR Y–7, 257. 

General description of report: These 

information collections are mandatory 

under the Federal Reserve Act, the BHC 

Act, and the International Banking Act 

(12 U.S.C. 248 (a)(1), 321, 601, 602, 

611a, 615, 625, 1843(k), 1844(c)(1)(A), 

3106(a), and 3108(a)), and Regulations K 

and Y (12 CFR 211.13(c), 225.5(b), and 

225.87). Individual respondent data are 

not considered confidential. However, 

respondents may request confidential 

treatment for any information that they 

believe is subject to an exemption from 

disclosure under the FOIA, 5 U.S.C. 

552(b). 

Abstract: The FR Y–10 is an eventgenerated information collection 

submitted by FBOs; top-tier BHCs; state 

member banks unaffiliated with a BHC; 

Edge and agreement corporations that 

are not controlled by a member bank, a 

domestic BHC, or a FBO; and nationally 

chartered banks that are not controlled 

by a BHC (with regard to their foreign 

investments only), to capture changes in 

their regulated investments and 

activities. The Federal Reserve uses the 

data to monitor structure information on 

subsidiaries and regulated investments 

of these entities engaged in banking and 

nonbanking activities. The FR Y–10E is 

a free-form supplement that may be 

used to collect additional structural 

information deemed to be critical and 

needed in an expedited manner. 

The FR Y–6 is an annual information 

collection submitted by top-tier BHCs 

and nonqualifying FBOs. It collects 

financial data, an organization chart, 

verification of domestic branch data, 

and information about shareholders. 

The Federal Reserve uses the data to 

monitor holding company operations 

and determine holding company 

compliance with the provisions of the 

BHC Act and Regulation Y (12 CFR 

225). 

The FR Y–7 is an annual information 

collection submitted by qualifying FBOs 

to update their financial and 

organizational information with the 

Federal Reserve. The Federal Reserve 

uses information to assess an FBO’s 

ability to be a continuing source of 

strength to its U.S. operations and to 

determine compliance with U.S. laws 

and regulations. 

Current Actions: On June 3, 2008, the 

Federal Reserve published a notice in 

the Federal Register (73 FR 31684) 

requesting public comment for 60 days 

on the extension, with revision, of these 

information collections. The comment 

period for this notice expired on August 

4, 2008. The Federal Reserve did not 

receive any comments. The revisions 

will be implemented as proposed. 

Board of Governors of the Federal Reserve 

System, August 14, 2008. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E8–19188 Filed 8–19–08; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Proposed Agency Information 

Collection Activities; Comment 

Request 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: Background. On June 15, 

1984, the Office of Management and 

Budget (OMB) delegated to the Board of 

Governors of the Federal Reserve 

System (Board) its approval authority 

under the Paperwork Reduction Act 

(PRA), as per 5 CFR 1320.16, to approve 

of and assign OMB control numbers to 

collection of information requests and 

requirements conducted or sponsored 

by the Board under conditions set forth 

in 5 CFR 1320 Appendix A.1. Boardapproved collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. Copies of the 

Paperwork Reduction Act Submission, 

supporting statements and approved 

collection of information instruments 

are placed into OMB’s public docket 

files. The Federal Reserve may not 

conduct or sponsor, and the respondent 

is not required to respond to, an 

information collection that has been 

extended, revised, or implemented on or 

after October 1, 1995, unless it displays 

a currently valid OMB control number. 

Request for Comment on Information 

Collection Proposals 

The following information 

collections, which are being handled 

under this delegated authority, have 

received initial Board approval and are 

hereby published for comment. At the 

end of the comment period, the 

proposed information collections, along 

with an analysis of comments and 

recommendations received, will be 

submitted to the Board for final 

approval under OMB delegated 

authority. Comments are invited on the 

following: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the Federal Reserve’s 


dwashington3 on PRODPC61 with NOTICES