Section 19 of the Federal Deposit
Insurance Act requires insured depository institutions to obtain
the FDIC's consent prior to any participation in their affairs by a
person convicted of crimes involving dishonesty or breach of trust.
Form 6710/07 is the vehicle for requesting FDIC consent.
US Code:
12
USC 1829 Name of Law: Federal Deposit Insurance Act
The burden increase of 32 hours
is the result of an adjustment of +128 hours to correct a previous
error in reporting on the number of respondents and an adjustment
of -96 hours to reflect an anticipated decrease in the number of
applications filed as the result of clarification of the de minimis
provisions of the Section 19 Statement of Policy slight.
$0
No
No
No
No
No
Uncollected
Leneta Gregorie 202
898-3719
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.