                                 CODE OF VIRGINIA

EMPLOYEE SALARY REDUCTION AGREEMENTS (§ 15.2-720)

In connection with some or all of its employee benefit programs, the board is
authorized to enter into voluntary salary reduction agreements with its officers
and employees when such agreements are authorized under the laws of the United
States relating to federal income taxes. Any such voluntary salary reduction
agreements entered into prior to July 1, 1988, are hereby validated.

HISTORY: 1988, c. 532, § 15.1-686.7; 1997, c. 587.