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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 12 - Banks and Banking |
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Chapter III - Federal Deposit Insurance Corporation |
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SubChapter B - Regulations and Statements of General Policy |
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Part 359 - Golden Parachute and Indemnification Payments |
§ 359.3 - Prohibited indemnification payments.
Latest version.
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§ 359.3 Prohibited indemnification payments.
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.