OMB control number
Notice of Proposed Stock Redemption
OMB 7100-0131 · FRS.
OMB 7100-0131
The Bank Holding Company Act of 1956 (BHC Act) and Board’s Regulation Y - Bank Holding Companies and Change in Bank Control (12 CFR 225) require a bank holding company (BHC) to seek the prior approval of the Board before purchasing or redeeming its equity securities in certain circumstances. Due to the limited information that a BHC must provide in connection with any such request, there is no required reporting form, and each request for prior approval is generally filed 30 days before the proposed stock purchase or redemption as a notification with the Reserve Bank that has direct supervisory responsibility for the requesting BHC. The Federal Reserve uses the information provided in the redemption notice to supervise BHCs.
The latest form for Notice of Proposed Stock Redemption expires 2026-09-30 and is listed under ICR 202410-7100-011.
Latest Forms, Documents, and Supporting Material
| Document | Type |
|---|---|
| Justification for No Material/Nonsubstantive Change | |
| Information collection |