Financial Subsidiaries and Operating Subsidiaries

ICR 200107-1557-003

OMB: 1557-0215

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
41255
Migrated
ICR Details
1557-0215 200107-1557-003
Historical Active 200011-1557-001
TREAS/OCC
Financial Subsidiaries and Operating Subsidiaries
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 07/20/2001
Retrieve Notice of Action (NOA) 07/20/2001
  Inventory as of this Action Requested Previously Approved
01/31/2004 01/31/2004 01/31/2004
607 0 587
607 0 587
0 0 0

OCC regulations require that a national bank obtain OCC approval prior to establishing or acquiring an operating subsidiary, or commencing a new activity in an operating subsidiary. Federal law requires that a national bank obtain OCC approval to acquire control of, or hold an interest in, a financial subsidiary. The OCC will use this information to confirm that the proposed activity is legally permissible.

None
None


No

1
IC Title Form No. Form Name
Financial Subsidiaries and Operating Subsidiaries

  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 607 587 0 0 20 0
Annual Time Burden (Hours) 607 587 0 0 20 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
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.
07/20/2001


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