Document ID: SEC-2005-0244-0001
Agency: sec
Document Type: Notice
Title: Applications, hearings, determinations, etc.: PAB Bankshares, Inc.
Posted Date: 2005-11-15T05:00Z

[Federal Register: November 15, 2005 (Volume 70, Number 219)]
[Notices]               
[Page 69364]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15no05-93]                         

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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-11823]

 
Issuer Delisting; Notice of Application of PAB Bankshares, Inc. 
To Withdraw Its Common Stock, No Par Value, From Listing and 
Registration on the American Stock Exchange LLC

November 8, 2005.
    On October 26, 2005, PAB Bankshares, Inc., a Georgia corporation 
(``Issuer''), filed an application with the Securities and Exchange 
Commission (``Commission''), pursuant to section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, no par value 
(``Security''), from listing and registration on the American Stock 
Exchange LLC (``Amex'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    On October 25, 2005, the Board of Directors (``Board'') of the 
Issuer unanimously approved resolutions to withdraw the Security from 
listing and registration on Amex and to list the Security on the Nasdaq 
National Market (``Nasdaq''). The Issuer stated that the Board believes 
listing the Security on Nasdaq will provide better visibility for the 
Security, improve liquidity in the Security, and provide better 
execution quality for investors. The Board also noted that more of its 
peer financial institutions are listed on Nasdaq than on Amex.
    The Issuer stated in its application that it has met the 
requirements of Amex Rule 18 by complying with all applicable laws in 
effect in the state of Georgia, in which it is incorporated, and 
provided written notice of withdrawal to Amex.
    The Issuer's application relates solely to withdrawal of the 
Security from listing on the Amex and from registration under section 
12(b) of the Act,\3\ and shall not affect its obligation to be 
registered under section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l(g).
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    Any interested person may, on or before December 5, 2005, comment 
on the facts bearing upon whether the application has been made in 
accordance with the rules of Amex, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/delist.shtml.
); or     Send an e-mail to rule-comments@sec.gov. Please include 

the File Number 1-11823; or

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.
    All submissions should refer to File Number 1-11823. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 

Comments are also available for public inspection and copying in the 
Commission's Public Reference Room. All comments received will be 
posted without change; we do not edit personal identifying information 
from submissions. You should submit only information that you wish to 
make available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. E5-6266 Filed 11-14-05; 8:45 am]

BILLING CODE 8010-01-P