{"data":{"id":"us/12-cfr-2.4","jurisdiction":"us","citation":"12 CFR 2.4","heading":"Bonus and incentive plans.","body":"A bank employee or officer may participate in a bonus or incentive plan based on the sale of credit life insurance if payments to the employee or officer in any one year do not exceed the greater of:\n(a) Five percent of the recipient's annual salary; or\n(b) Five percent of the average salary of all loan officers participating in the plan.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 2—SALES OF CREDIT LIFE INSURANCE"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"df401a97e98983e1a052dcaad2609f90f5aae4c22297a140d018ebb7c80d77a8","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-2.3","next":"us/12-cfr-2.5"},"notice":"GroundRules: Original legal text. Not legal advice."}