💼Proposed Information Collection on Collateral Security for Businesses
Proposed Collection of Information: Collateral Security Resolution and Collateral Pledge and Security Agreement
Summary
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the Collateral Security Resolution and Collateral Pledge and Security Agreement.
Agencies
- Treasury Department
- Bureau of the Fiscal Service
Business Impact
$$ - Med
The notice involves a proposed information collection related to collateral security agreements, essential for financial institutions interacting with the Federal Government. This impacts business owners who may need to fulfill compliance requirements and provide documentation, influencing their operations and financial arrangements.