US lawFederal (United States)RegulationsTitle 12 CFR — Banks and BankingChapter III — FEDERAL DEPOSIT INSURANCE CORPORATIONPart 359 — GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS359.312 C.F.R. § 359.3Prohibited indemnification payments.Last amended: 2016Year: 2026Length: 25 wordsOfficial source Cite as 12 C.F.R. § 359.3 (2026)No insured depository institution or depository institution holding company shall make or agree to make any prohibited indemnification payment, except as provided in this part.Previous12 C.F.R. § 359.2Next12 C.F.R. § 359.4