§ 5-2-103. ESTABLISHMENT OF PLAN.

Latest version.

(a)

The county is hereby authorized to develop and implement a deferred compensation plan for county employees which will meet the criteria of § 457 of the Internal Revenue Code of 1954 and any other applicable laws necessary for approval by the Internal Revenue Service.

(b)

Pursuant to the authority of subsection (a) of this section, the county shall do such acts as may be necessary to implement, maintain, and administer the plan.

(1988 Code, § 2-203) (Bill No. 32-03, § 3, 7-1-2004)

                    
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