Prompt Corrective Action Regulation

ICR 200002-3133-001

OMB: 3133-0161

Federal Form Document

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
32815
Migrated
ICR Details
3133-0161 200002-3133-001
Historical Active
NCUA
Prompt Corrective Action Regulation
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 03/28/2000
Retrieve Notice of Action (NOA) 02/04/2000
  Inventory as of this Action Requested Previously Approved
03/31/2003 03/31/2003
940 0 0
24,300 0 0
0 0 0

Section 216 of the Federal Credit Union Act 12 U.S.C. 1790d requires the NCUA Board to adopt by regulation a system of prompt corrective action indexed to five capital categories which Section 216 establishes. The regulation issued to meet this mandate includes mandates for collection of information in certain cases.

None
None


No

1
IC Title Form No. Form Name
Prompt Corrective Action Regulation

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 940 0 0 940 0 0
Annual Time Burden (Hours) 24,300 0 0 24,300 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
02/04/2000


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