§359.2. Golden parachute payments prohibited.
12 C.F.R. § 359.2
No insured depository institution or depository institution holding company shall make or agree to make any golden parachute payment, except as provided in this part.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1828(k).
Source
Source: 61 FR 5930, Feb. 15, 1996, unless otherwise noted.