Wis. Admin. Code Department of Financial Institutions DFI-SL 7.03 - Plans for the deferral of earned income
An association may contract with an officer, director or employe of the association to defer payment of a portion of current income to a later date if the remuneration is currently earned and the deferral is charged to current earnings and is reflected as an association liability.
Notes
This section interprets or implements s. 215.50(7), Stats.
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