Wisconsin Administrative Code
Department of Financial Institutions
DFI-SB 1-22 - Department 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
Universal Citation: WI Admin Code ยง DFI-SB 7.02
Current through February 26,
2024
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.
This section interprets or implements s. 214.345, Stats.
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