12 CFR § 1412.4 - Prohibited indemnification payments.

---
identifier: "/us/cfr/t12/s1412.4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1412.4 - Prohibited indemnification payments."
title_number: 12
title_name: "Banks and Banking"
section_number: "1412.4"
section_name: "Prohibited indemnification payments."
chapter_name: "FARM CREDIT SYSTEM INSURANCE CORPORATION"
part_number: "1412"
part_name: "GOLDEN PARACHUTE AND INDEMNIFICATION PAYMENTS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 2277a-10b."
regulatory_source: "71 FR 7405, Feb. 13, 2006, unless otherwise noted."
cfr_part: "1412"
---


# 1412.4 Prohibited indemnification payments.

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