# 12 C.F.R. § 359.3 (2026): Prohibited indemnification payments

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_3

## Section

- **Citation:** 12 C.F.R. § 359.3 (2026)
- **Heading:** Prohibited indemnification payments
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter III: FEDERAL DEPOSIT INSURANCE CORPORATION / Part 359: GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS / § 359.3: § 359.3   Prohibited indemnification payments.

## Text

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.

## Nearby sections

- [12 C.F.R. § 359.0 (2026) § 359.0   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_0.md)
- [12 C.F.R. § 359.1 (2026) § 359.1   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_1.md)
- [12 C.F.R. § 359.2 (2026) § 359.2   Golden parachute payments prohibited.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_2.md)
- [12 C.F.R. § 359.3 (2026) § 359.3   Prohibited indemnification payments.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_3.md)
- [12 C.F.R. § 359.4 (2026) § 359.4   Permissible golden parachute payments.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_4.md)
- [12 C.F.R. § 359.5 (2026) § 359.5   Permissible indemnification payments.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_5.md)
- [12 C.F.R. § 359.6 (2026) § 359.6   Filing instructions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_6.md)
- [12 C.F.R. § 359.7 (2026) § 359.7   Applicability in the event of receivership.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_7.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P359_S359_3. Check the current official text before relying on it. Not legal advice.