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NCUA RIN: 3133-AD73 Publication ID: Fall 2010 
Title: ●Golden Parachute and Indemnification Payments 
Abstract: NCUA proposes to adopt a rule to prohibit, with some exceptions, a federally insured credit union (FICU) from making golden parachute and indemnification payments to an institution-affiliated party. The proposed rule is intended to help safeguard the National Credit Union Share Insurance Fund (NCUSIF) by preventing the wrongful or improper disposition of FICU assets and to inhibit unwarranted rewards to IAPs who may have contributed to an FICU's troubled condition. 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 741.224    12 CFR 750   
Legal Authority: 12 USC 1757    12 USC 1766(a)    12 USC 1781 to 1790    12 USC 1786(t)    12 USC 1790d   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/05/2010  75 FR 47236   
NPRM Comment Period End  09/07/2010    
Final Action  12/00/2010    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: ncua.gov/Resources/RegulationsOpinionsLaws/ProposedRegulations.aspx   Public Comment URL: www.regulations.gov/search/Regs/home.html#home  
RIN Data Printed in the FR: No 
Agency Contact:
Pamela Yu
Special Counsel to the General Counsel
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6540
Fax:703 518-6569
Email: pyu@ncua.gov