CHAPTER 490
AN ACT to amend Chapter 4 of the Acts of Assembly of 1947, ap-
proved January 21, 1947, which provided for the creation of a
retirement system for the employees of certain counties, by
adding a section numbered 4-a, providing for the purchase of
certain benefits by the governing body of the county.
[S 347]
Approved April 7, 1950
Be it enacted by the General Assembly of Virginia:
1. That Chapter 4 of the Acts of Assembly of 1947, approved
January 21, 1947, be amended by adding a section numbered 4-a,
as follows:
§ 4-a. Notwithstanding any other provision of this act, the
governing body of the county, if it deems proper, may use the
amounts now or hereafter in the treasury of the county to the
credit of any such retirement system for the purchase of retire-
ment or other like benefits from any insurance company authorized
to do business in this State. The governing body of the county
shall prescribe the benefits which may be payable under any such
retirement contracts so purchased.
2. An emergency exists and this act is in force from its passage.