Prohibited indemnification payments.

  1. Law
  2. CFR 12
  3. Banks and Banking
  4. National Credit Union Administration
  5. Regulations Affecting Credit Unions
  6. Golden Parachute and Indemnification Payments
  7. Prohibited indemnification payments.

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§ 750.3 Prohibited indemnification payments.

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

Footnotes - 750.3

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


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