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§ 750.3 Prohibited indemnification payments.

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Title 12 CFR: Banks and Banking › Chapter VII: NATIONAL CREDIT UNION ADMINISTRATION › Part 750: GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS › § 750.3: § 750.3 Prohibited indemnification payments.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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

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

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§ 750.3 Prohibited indemnification payments. · 12 C.F.R. § 750.3 (2026) | Frix