AO 10 Rev.

112007

FINANCIAL DISCLOSURE REPORT

FOR CALENDAR YEAR 2006
2. Court or Organization

Report Required by the Ethics in Government Act of1978 (5 u.s.c. opp. 101-111)

1. Person Reporting (last name, first, middle initial)

3. Date of Report

Bye, Kermit E
4. Title (Article III judges indicate active or senior status; magistrate judges indicate full- or part-time)

USCA - 8th Circuit

Sa. Report Type (check appropriate type)

05/1512007
6. Reporting Period

U.S. Circuit Judge -- Active

0 0
5b.

Nomination,
Initial

Date

0110112006

Annual

Final

to

12/3112006

Amended Report

7. Chambers or Office Address

Chambers 330 655 First Avenue North Fargo, ND 58102

8. On the basis of the information contained in this Report and any modifications pertaining thereto, it is, in my opinion, in compliance with applicable laws and regulations.

Reviewing Officer

Date

IMPORTANT NOTES: The instructions accompanying this form must be followed. Complete all parts,
checking the NONE box for each part where you have no reportable information. Sign on last page.

o
I.

I. POS ITI0 NS.

(Reporting individual only; see pp. 9-13 0/ instructlons.)

NONE (No reportable positions.) POSITION

Member, Executive Board

NAME OF ORGANIZATION/ENTITY
Central European and Eurasian Law Initiative

2. 3. 4. 5.
CJ

(0

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N

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II. AGREEMENTS.

(Reporting individual only; see pp. 14-16 ofinstructlons.)

rrln
-'q

C ::vZ
'1,

[2[]

NONE (No reportable agreements.) PARTIES AND TERMS

0
n

..g en en

rn <
0

1'1

I. 2. 3.

FINANCIAL DISCLOSURE REPORT Page 2 of7

Name of Person Reporting

Date of Report

Bye, Kermit E

0511512007

III. NON-INVESTMENT INCOME.

A. Filer's Non-Investment Income

(Reporting individual and spouse; see pp. 17-24 of instructions.}

[K]

NONE (No reportable non-investment income.) SOURCE AND TYPE INCOME

(yours, not spouse's)

I.
2. 3.
4.

5.

B. Spouse's N on-Investment Income (Dollar amount not required except for honoraria.)

Ifyou were married during any portion ofthe reporting year, complete this section.

[K]
I.

NONE (No reportable non-investment income.) SOURCE AND TYPE

2.
3. 4.

5.

IV. REIMBURSEMENTS

-transportation, lodging.food, entertainment

(Includes those to spouse and dependent children. See pp. 25-27 of tnstructtons.)

o
I. 2.

NONE (No reportable reimbursements.) SOURCE

American Bar Association Cornell Law School

DESCRIPTION
Chicago, lllionois, Feb. 10-13, ABA Midyear Meeting (meals, hotel, transportation) Ithaca, NY, Nov. 17-19, Judge Moot Court Competition (transportation, hotel)

3.
4. 5.

FINANCIAL DISCLOSURE REPORT Page 3 of7

Name of Person Reporting

Date of Report

Bye, Kermit E

05/15/2007

V. GIFTS.
~

(Includes those to spouse and dependent children. See pp. 28-31 of instructions.)

NONE (No reportable gifts.) SOURCE DESCRIPTION VALUE

1.

2. 3.
4.

5.

VI. LIABILITIES. (Includes those ofspouse and dependent children. See pp. 32-33 ofinstructions.)

D
1. 2. 3.

NONE (No reportable liabilities.) CREDITOR

USBank USBank First mortgage Joan Second mortgage Joan

DESCRIPTION

VALUE CODE
N L

4. 5.

FINANCIAL DISCLOSURE REPORT Page 4 of7

Name of Person Reporting

Date of Report

Bye, Kermit E

05/15/2007

VII. INVESTMENTS and TRUSTS - income, value, transactions (Includes those of the spouse and dependent children. See pp. 34-60 offiling instructions.)

NONE (No reportable income, assets, or transactions.)

A. Description of Assets (including trust assets)
Place "(X)" after each asset exempt from prior disclosure

B.
Income during reporting period (1) Amount Code I (2) Type (e.g. div., rent, or int.)

C. Gross value at end of reporting period (1) Value Code 2 (2) Value Method Code 3 (Q-W) (I) Type (e.g. buy, sell, redemption)

D. Transactions during reporting period (2) Date MonthDay (3) Value Code 2 (l-P)

(4)
Gain Code I (A-H)

(5)
Identity of buyer/seller (if private transaction)

(A-H)

(l-P)

1.

USBank (Checking Account) USBank Money Market Fund Charles Schwab Cash Balance Series HE" Savings Bonds

A A

Interest Interest

M J

T T

2.

3.
4.

A A

Interest Interest Dividend Dividend Dividend Dividend Dividend Dividend

K J

T T

5.

T. Rowe Price Growth Fund, Inc. Vanguard-Windsor Fund Fidelity New Millennium Fund Columbia Mid Cap Growth Fund flea Columbia Special Fund American Century Income and Growth Fund

M L L K

T T T T T T T T

6.

7.

8.
9.

C B

J K L K J

10.

Schwab Market Track High Growth Fund flea Schwab Asset Dir. Vanguard GNMA Portfolio Vanguard Index 500

C C A A

II.
12.

Dividend Dividend

13.

CUNA Mutual Life Insurance Company Indianapolis Life Insurance Company

Interest

14.

Interest

15.

Franklin Life Insurance Company (Paid Up) Jackson Nat'l Life Ins Co Farm Real Estate, Trail! County, ND

A B

Interest Interest Rent

J K

U U W

16.

17.

1. Income Gain Codes:

A =$1,000 or less

(See Columns 81and D4)

2. Value Codes (See Columns CI and D3)

F "$50,001 - $100,000
J =$15,000 or Jess
N

3. Value Method Codes

"$250.00 I - $500,000 P3 "$25,000,001 - $50,000,000

U =Book Value

8 "$ t .00 I - $2,500 G "$100,00 t - $1,000,000 K "$15,001 - $50,000 0"$500,001 - $1,000,000 R"Cost (Real Estate Only)
v s-Othcr

C42,501 - $5,000 HI 41,000,001 - $5,000,000 L 450,001 -$100,000 PI"$I,OOO,OOt - $5,000,000 P4 "More than $50,000,000
S <Assessment

D"$5,001 - $15,000 H2 "More than $5,000,000 M"$100,001 - $250,000 P2 "$5,000,001 - $25,000,000

T =Cash Market

E"$15,001 - $50,000

(See Column C2)

Q Appraisal

W:=Estimated

FINANCIAL DISCLOSURE REPORT Page 50f7

Name of Person Reporting

Dale of Report

Bye, Kermit E

05/15/2007

VII. INVESTMENTS and TRUSTS -- income, value, transactions (Includes those a/the spouse and dependent children. See pp. 34-60 a/filing instructions.)

NONE (No reportable income, assets, or transactions.)

A. Description of Assets (including trust assets) Place "(X)" after each asset exempt from prior disclosure

B.
Income during reporting period (1) Amount Code I (A-H) (2) Type (e.g. div., rent, or int.)

C. Gross value at end of

reporting period (1) Value Code 2 (J-P) (2) Value Method Code 3 (Q-W) (1) Type (e.g. buy, sell, redemption)

O. Transactions during reporting period (2) Date MonthDay (3) Value Code 2 (J-P) (4) Gain Code I (A-H) (5) Identity of buyer/seller (ifprivate transaction)

18. 19. 20. 21.

Car-Ly Properties Partnership

E D

Rent Rent None None

N
M

Condominium Rentals, Bismarck, ND Lake Cottage #1, Otter Tail County, MN AV: $215,200 Lake Cottage #2, Otter Tail County, MN AV: $468,000 Price New America Growth Fund (IRA Account) Vogel Law Finn Pension Trust (Keogh) (includes Dak REIT) Vogel Law Finn Profit Sharing Plan Trust NDSBIC Limited Partnership (Limited Partner) Vanguard Star Fund (IRA Account)

W S S T W
U

N N L

22. 23. 24. 25. 26.

Dividend

E A A B A

Dividend Dividend Dividend Dividend Dividend

J
K L

W T T T

27.

Amerus Group Co. Wells Fargo Advantage Fund

J J

28.

Interest

Buy

7/25

I. Income Gain Codes: (See Columns B I and D4) 2. Value Codes (See Columns CI and D3) 3. Value Method Codes (See Column C2)

A :=:$1,000 or less
F =$50,001 - $100,000
J =$15,000 or less

B =$t,OOI - $2,500 G =$100,00 I - $1,000,000 K =$15,001 - $50,000

C =$2,50 I - $5,000 HI =$1,000,001 - $5,000,000

L =$50,001 - $100,000 PI =$1,000,001 . $5,000,000

D =$5,001 - $15,000

E =$15,001 - $50,000

H2 =More than $5,000,000

M =$100,00 I - $250,000 P2 ~$5,OOO,001 - $25,000,000

N =$250,00 I - $500,000 P3 =$25,000,001 - $50,000,000 Q Appraisal

U Book Value

o =$500,00 I - $1,000,000
R -Cost (Real Estate Ooly) V =Otber

P4 =Morc thao $50,000,000 S <Assessment

T <Cash Market

W""Estimated

FINANCIAL DISCLOSURE REPORT Page 6 of7

Name of Person Reporting

Date of Report

Bye, Kermit E

05115/2007

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS.

(Indicate part ofReport)

FINANCIAL DISCLOSURE REPORT Page 7 of7 IX. CERTIFICATION.

Name of Person Reporting

Date of Report

Bye, Kermit E

05115/2007

I certify that all information given above (including information pertaining to my spouse and minor or dependent children, if any) is accurate, true, and complete to the best of my knowledge and belief, and that any information not reported was withheld because it met applicable statutory provisions permitting non-disclosure. I further certify that earned income from outside employment and honoraria and the acceptance of gifts which have been reported are in compliance with the provisions of 5 V.S.c. app. 501 et. seq., 5 V.S.c. 7353, and Judicial Conference regulations.

NOTE: ANY INDIVIDUAL WHO KNOWINGLY AND WILFULLY FALSIF AND CRIMINAL SANCTIONS (5 V.S.c. app. 104)

FILING INSTRUCTIONS Mail signed original and 3 additional copies to: Committee on Financial Disclosure Administrative Office of the United States Courts Suite 2-301 One Columbus Circle, N.E. Washington, D.C. 20544