CFNL » Topics » Unfunded Plans

This excerpt taken from the CFNL 8-K filed Apr 27, 2006.
Unfunded Plans. The obligations incurred by the Company to pay deferral benefits to participants under the Deferral Plans are unsecured general obligations of the Company. The plans are unfunded, and the Company is not required to set aside assets to be used for payment of the benefits.

 

This excerpt taken from the CFNL DEF 14A filed Mar 21, 2006.
Unfunded Plans

The obligations incurred by the Company to pay deferral benefits to participants under the Deferral Plans are unsecured general obligations of the Company. The plans are unfunded, and the Company is not required to set aside assets to be used for payment of the benefits.

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