IC 3. Request for Approval to Charge Regular Reserves or Pay Dividends if the Action Would Cause the Credit Union's Net Worth to Fall Below the Adequately Capitalized Classification and the Action...

Prompt Corrective Action Regulation, 12 CFR Part 702

⚠️ Notice: This information collection may be referencing outdated material. More recent filings for OMB 3133-0154 can be found here:

Documents and Forms

Document Name Document Type

no available documents/forms check other ICs listed under this ICR

Information Collection (IC) Details

IC Title:	IC 3. Request for Approval to Charge Regular Reserves or Pay Dividends if the Action Would Cause the Credit Union's Net Worth to Fall Below the Adequately Capitalized Classification and the Action...	Agency IC Tracking Number:

Is this a Common Form? No		IC Status: New

Obligation to Respond: Mandatory

CFR Citation: 12 CFR 702.401(c)(2) 12 CFR 702.403(b)(2)

Information Collection Instruments:

Document Type	Form No.	Form Name	Instrument File	URL	Available Electronically?	Can Be Submitted Electronically?	Electronic Capability

Line of Business: Economic Development

Subfunction: Financial Sector Oversight

Privacy Act System of Records
Title:	FR Citation:

Number of Respondents: 100	Number of Respondents for Small Entity: 0

Affected Public: Private Sector	Private Sector: Not-for-profit institutions

Percentage of Respondents Reporting Electronically: 99 %

	Approved	Program Change Due to Agency Discretion
Annual Number of Responses for this IC	100	100
Annual IC Time Burden (Hours)	100	100
Annual IC Cost Burden (Dollars)	3,189	3,189

Documents for IC

Title	Document	Date Uploaded
No associated records found

Blank fields in records indicate information that was not collected or not collected electronically prior to July 2006.