Section 7.03. Plans for the deferral of earned income.

Latest version.

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.

History: Cr. Register, June, 1989, No. 402 , eff. 7-1-89.

Note

This section interprets or implements s. 215.50 (7) , Stats. Microsoft Windows NT 6.1.7601 Service Pack 1

                    
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