# 12 C.F.R. § 1412.1 (2026): Scope

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_1

## Section

- **Citation:** 12 C.F.R. § 1412.1 (2026)
- **Heading:** Scope
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter XIV: FARM CREDIT SYSTEM INSURANCE CORPORATION / Part 1412: GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS / § 1412.1: § 1412.1   Scope.

## Text

(a) This part limits and/or prohibits, in certain circumstances, the ability of Farm Credit System (System) institutions, their service corporations, subsidiaries and affiliates from making golden parachute and indemnification payments to institution-related parties (IRPs).
(b) This part applies to System institutions in a troubled condition that seek to make golden parachute payments to their IRPs.
(c) The limitations on indemnification payments apply to all System institutions, their service corporations, subsidiaries and affiliates regardless of their financial health.

## Nearby sections

- [12 C.F.R. § 1412.1 (2026) § 1412.1   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_1.md)
- [12 C.F.R. § 1412.2 (2026) § 1412.2   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_2.md)
- [12 C.F.R. § 1412.3 (2026) § 1412.3   Golden parachute payments prohibited.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_3.md)
- [12 C.F.R. § 1412.4 (2026) § 1412.4   Prohibited indemnification payments.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_4.md)
- [12 C.F.R. § 1412.5 (2026) § 1412.5   Permissible golden parachute payments.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_5.md)
- [12 C.F.R. § 1412.6 (2026) § 1412.6   Permissible indemnification payments.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_6.md)
- [12 C.F.R. § 1412.7 (2026) § 1412.7   Filing instructions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_7.md)
- [12 C.F.R. § 1412.8 (2026) § 1412.8   Application in the event of receivership.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_8.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P1412_S1412_1. Check the current official text before relying on it. Not legal advice.