1. LawStack
  2. Title 12 - Banks and Banking
  3. Chapter VII - NATIONAL CREDIT UNION ADMINISTRATION
  4. Subchapter A - REGULATIONS AFFECTING CREDIT UNIONS
  5. Part 750 - GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS
  6. 12 CFR § 750.3
12 CFR § 750.3
Prohibited indemnification payments
November 10, 2020
CFR

A federally insured credit union must not make or agree to make any prohibited indemnification payment, except as permitted by this chapter.1

1The provisions in this part 750 control to the extent of any inconsistency with §701.33 of this chapter.

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§ 750.2 Golden parachute payments prohibited
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§ 750.4 Permissible golden parachute payments

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