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TREAS/OTS RIN: 1550-AA76 Publication ID: Spring 1997 
Title: "De Novo" Applications for a Federal Savings Association Charter 
Abstract: The OTS has issued a notice of proposed rulemaking to update its statement of policy regarding "de novo" applications for a Federal savings association charter. Much of the current rule has become obsolete, redundant or otherwise unnecessary due to amendments to Federal laws and regulations concerning capital adequacy, business plans, director and officer qualifications, conflicts of interest and transactions with affiliates. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 543    12 CFR 552    12 CFR 571   
Legal Authority: 12 USC 552    12 USC 559    12 USC 1462    12 USC 1462a    12 USC 1463    12 USC 1464    12 USC 1467a    12 USC 2901 et seq   
Timetable:
Action Date FR Cite
NPRM  03/06/1995  60 FR 12103   
NPRM Comment Period End  05/05/1995  60 FR 12103   
Final Action  06/00/1997    
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses 
Included in the Regulatory Plan: No 
Agency Contact:
Edward J. O'Connell
Project Manager, Supervision Policy
Department of the Treasury
Office of Thrift Supervision
1700 G Street NW.,
Washington, DC 20552
Phone:202 906-5694