Quick Navigation: Resources by Topic Business
& Economy Education
Environment
Food
& Drugs Grants
& Awards Health
& Safety Military
& Security Science
& Technology Social
Programs Transportation

Site
Search:
advanced

•

Browse

•

Simple
Search

•

Advanced Search

*
Boolean

* Proximity

•

Search
History

•

Search
Tips

•

Corrections

•

Latest
Updates

•

User
Info

•

FAQs

•

Agency
List

•

e-CFR
Main Page

•

Code of Federal
Regulations

•

Federal
Register

•

List of
CFR
Sections Affected

•

Regulations.gov

•

Unified
Agenda

•

All NARA
Publications

Ben's
Guide
to U.S.
Government

Home
Page > Executive
Branch > Code of
Federal Regulations > Electronic Code of Federal
Regulations

e-CFR
Data is current as of October 10, 2008

Title 12:
Banks and Banking
PART 502—ASSESSMENTS AND FEES

§ 502.5   Who must pay assessments and fees?

(a) Authority. Section 9 of the HOLA, 12 U.S.C. 1467, authorizes
the Director to charge assessments to recover the costs of examining
savings associations and their affiliates, to charge fees to recover the
costs of processing applications and other filings, and to charge fees to
cover OTS's direct and indirect expenses in regulating savings
associations and their affiliates.

(b) Assessments. If you are a savings association or a
responsible savings and loan holding company, and OTS regulates you on the
last day of January or on the last day of July of each year, you must pay
a semi-annual assessment due on that day. Subpart A of this part describes
OTS's assessment procedures and requirements.

(c) Fees. If you make a filing with OTS or use OTS services, the
Director may require you to pay a fee to cover the costs of processing
your submission or providing those services. The Director may charge a fee
for any filing including notices, applications, and securities filings.
The Director may charge a fee for any service including publications,
seminars, certifications for official copies of agency documents, and
records or services requested by other agencies. The Director also
assesses fees for examining and investigating savings associations that
administer trust assets of $1 billion or less, and savings association
affiliates. If OTS incurs extraordinary expenses related to examination,
investigation, regulation, or supervision of a savings association or its
affiliate, the Director may charge the savings association or the
affiliate a fee to fund those expenses. Subpart B of this part describes
OTS's fee procedures and requirements.

[63 FR 65670, Nov. 30, 1998, as amended at 67 FR 78151, Dec. 23, 2002;
69 FR 30568, May 28, 2004]

For questions or comments regarding e-CFR
editorial content, features, or design, email [email-masked].

For questions
concerning e-CFR programming and delivery issues, email [email-masked].

Section
508 / Accessibility