Consumer Protection for Depository Institution Sales of Insurance

ICR 200008-1550-003

OMB: 1550-0106

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1550-0106 200008-1550-003
Historical Active
TREAS/OTS
Consumer Protection for Depository Institution Sales of Insurance
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 10/18/2000
Retrieve Notice of Action (NOA) 08/18/2000
  Inventory as of this Action Requested Previously Approved
10/31/2003 10/31/2003
567,432 0 0
47,286 0 0
0 0 0

These information collections are required under section 305 of the Gramm-Leach-Bliley Act, Public Law No. 106-102. This section requires the Federal banking agencies to prescribe joint consumer protection regulations that apply to retail sales practices, solicitations, advertising, and offer of any insurance product by the depository institution or by other persons performing these activities at an office of the institution or on behalf of the institution. The section requires those performing such activities to disclose certain information to consumers and to obtain consumers' acknowledgements.

None
None


No

1
IC Title Form No. Form Name
Consumer Protection for Depository Institution Sales of Insurance

  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 567,432 0 0 567,432 0 0
Annual Time Burden (Hours) 47,286 0 0 47,286 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.
08/18/2000


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