CHAPTER 491
AN ACT to amend Chapter 303 of the Acts of Assembly of 1944,
approved March 29, 1944, which provided for the creation of
a retirement system in certain counties for certain employees
thereof, by adding a section numbered 9-a, providing for the
purchase of certain retirement benefits by the governing bodies
of such counties.
[S 348]
Approved April 7, 1950
Be it enacted by the General Assembly of Virginia:
1. That Chapter 303 of the Acts of Assembly of 1944, approved
March 29, 1944, be amended by adding a section numbered 9-a, as
follows:
§ 9-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 retire-
ment contracts so purchased.
2. An emergency exists and this act is in force from its passage.