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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 12 - Banks and Banking |
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Chapter VII - National Credit Union Administration |
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SubChapter A - Regulations Affecting Credit Unions |
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Part 750 - Golden Parachute and Indemnification Payments |
§ 750.2 - Golden parachute payments prohibited.
Latest version.
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§ 750.2 Golden parachute payments prohibited.
A Federally federally insured credit union must not make or agree to make any golden parachute payment, except as permitted by this part.