Statutes, codes, and regulations
Wisconsin Administrative Code
Agency - Department of Financial InstitutionsDepartment of Financial Institutions-Savings Banks
Chapter DFI-SB 7 - Employment contracts and compensation
Section DFI-SB 7.02 - Plans for the deferral of earned income

Wis. Admin. Code Department of Financial Institutions DFI-SB 7.02

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Current through October 28, 2024
Section DFI-SB 7.02 - Plans for the deferral of earned income

A savings bank may contract with any of its officers, directors or employees 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 a savings bank liability.

Wis. Admin. Code Department of Financial Institutions DFI-SB 7.02

CR Register, February, 1994, No. 458, eff. 3-1-94.

This section interprets or implements s. 214.345, Stats.