Regulations last checked for updates: Nov 24, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024
All TitlesTitle 12Chapter XIVPart 1412 - PART 1412—GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS
View all text of Part 1412 [§ 1412.1 - § 1412.8]
§ 1412.3 - Golden parachute payments prohibited.

No System institution shall make or agree to make any golden parachute payment, except as provided in this part.

authority: 12 U.S.C. 2277a-10b.
source: 71 FR 7405, Feb. 13, 2006, unless otherwise noted.
cite as: 12 CFR 1412.3
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