Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 12 - Banks and Banking |
Chapter III - Federal Deposit Insurance Corporation |
SubChapter B - Regulations and Statements of General Policy |
Part 359 - Golden Parachute and Indemnification Payments |
§ 359.2 - Golden parachute payments prohibited.
Latest version.
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§ 359.2 Golden parachute payments prohibited.
No insured depository institution or depository institution holding company shall make or agree to make any golden parachute payment, except as provided in this part.