12 CFR 750.2

§ 750.2 Golden parachute payments prohibited.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 750.2, § 750.2 Golden parachute payments prohibited, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48948
Permanent ID: ys:prov:48948@1
SHA-256: a98bac2e935eb189b4be775bf1cbab4bf3cee0365600ae9013ee47bb88d8ff18

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

A federally insured credit union must not make or agree to make any golden parachute payment, except as permitted by this part.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.