Application for Consent to Reduce or Retire Capital

ICR 201911-3064-004

OMB: 3064-0079

Federal Form Document

IC Document Collections
IC ID
Document
Title
Status
31824
Modified
ICR Details
3064-0079 201911-3064-004
Active 201607-3064-004
FDIC 3064-0079
Application for Consent to Reduce or Retire Capital
Extension without change of a currently approved collection   No
Regular
Approved without change 01/22/2020
Retrieve Notice of Action (NOA) 12/17/2019
  Inventory as of this Action Requested Previously Approved
01/31/2023 36 Months From Approved 01/31/2020
118 0 64
1,298 0 64
0 0 0

Insured institutions must obtain the prior consent of the FDIC before reducing the amount or retiring any part of its common or preferred capital stock, or retiring any part of its capital notes or debentures.

US Code: 12 USC 1828(i) Name of Law: Federal Deposit Insurance Act
  
None

Not associated with rulemaking

  84 FR 51566 09/30/2019
84 FR 68446 12/16/2019
No

1
IC Title Form No. Form Name
Application for consent to reduce or retire capital

  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 118 64 0 0 54 0
Annual Time Burden (Hours) 1,298 64 0 0 1,234 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

No
    No
    No
No
No
No
Uncollected
Manuel Cabeza 202 898-3781 mcabeza@fdic.gov

  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.
12/17/2019


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