Items Tagged with 'indemnification'

ARTICLES

Pay Attention to New Golden Parachute Rules

Review compensation plans and D&O protection.
NCUA issued new rules in June 2011 regarding golden parachute payments for troubled CUs.
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New Rules Present New Risks for CU Directors

Directors’ best protection against legal action is a solid understanding of their fiduciary duties.
New fiduciary and financial literacy rules have greatly increased directors’ personal risk exposure.
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Ask Questions About Your D&O Coverage

New NCUA rules shine a light on directors’ duties and risk exposure.
Federal credit union directors face redefined fiduciary duties and additional indemnification limitations.
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Credit Union Magazine

Credit Union Magazine

October 2014

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