12 CFR 750.3 - Prohibited indemnification payments.

Regulations last checked for updates: May 18, 2024

Title 12 - Banks and Banking last revised: May 14, 2024

§ 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

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

authority: 12 U.S.C. 1786(t)

source: 76 FR 30517, May 26, 2011, unless otherwise noted.

cite as: 12 CFR 750.3