APPLICATION FOR MUTUAL TO STOCK CONVERSION

Forms and Documents

Document Name	Status

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Document Title	Status
152526	APPLICATION FOR MUTUAL TO STOCK CONVERSION	Migrated

ICR Details

OMB Control No: 3068-0036	ICR Reference No: 198109-3068-003
Status: Historical Inactive	Previous ICR Reference No: 198104-3068-023
Agency/Subagency: FHLBB	Agency Tracking No:
Title: APPLICATION FOR MUTUAL TO STOCK CONVERSION
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Disapproved and continue	Conclusion Date: 11/04/1981
	Date Received in OIRA: 09/23/1981
Terms of Clearance: If reconsideration of this disapproval is desired, send a correctly completed SF 83 and Supporting Statement (see June 24, 1981, memo of Louis Kincannon) and enclose copies of all relevant statutes, regula tions and forms. This disapproval results from the absence of a requirement showing that it is necessary to achieve a Federal purpose, and is it is whether it is the least necccessary to achieve the purpose without unnecessary burden and cost and whether the same result could be obtained through less paperwork intensive approaches. Further, the absencce of a complete supporting statement is a serious ommission and renders the request for OMB review invalid. To avoid program disruption,the previous approval through December 31,1981 is continued through that date.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/1981	12/31/1981	12/31/1981
Responses	385	0	385
Time Burden (Hours)	45,100	0	45,100
Cost Burden (Dollars)	0	0	0

---

Abstract: MUTUAL TO STOCK CONVERSION APPLICATION IS A ONE TIME SUBMISSION BY MUTUAL ASSOCIATIONS WHO WISH TO CONVERT TO STOCK FORM. THE DISCLOSURE REQUIRED IS FOR THE BENEFIT OF THE INVESTING PUBLIC TO ASSURE A FAIR AND EQUITABLE PLAN OF CONVERSION AND ADEQUATE DISCLOSURE.

---

Authorizing Statute(s): None

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

---

Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
APPLICATION FOR MUTUAL TO STOCK CONVERSION

---

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

---

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 09/23/1981

---