Section 9-916 - Indemnification prohibition.
§ 9-916. Indemnification prohibition.
Notwithstanding any provision of law, a savings and loan association, holding company, or subsidiary may not indemnify any person who is fined under any criminal penalty provision of this title or Title 8 of this article or subject to any civil penalty under this title or Title 8 of this article.
[1986, ch. 282; 2003, ch. 21, § 7.]