1. LawStack
  2. Title 12 - Banks and Banking
  3. Chapter III - FEDERAL DEPOSIT INSURANCE CORPORATION
  4. Subchapter B - REGULATIONS AND STATEMENTS OF GENERAL POLICY
  5. Part 359 - GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS
  6. 12 CFR § 359.3
12 CFR § 359.3
Prohibited indemnification payments
November 10, 2020
CFR

No insured depository institution or depository institution holding company shall make or agree to make any prohibited indemnification payment, except as provided in this part.

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§ 359.2 Golden parachute payments prohibited
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§ 359.4 Permissible golden parachute payments

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