Private Acts of 1971 Chapter 183

SECTION 1. That Madison County be, and it is, authorized in the discretion of the Quarterly County Court of Madison County, and by proper resolution of said Court, to establish a retirement or pension system for its employees and to do so by contract with a reputable insurance company, bank or other similar institution and said County, through its Quarterly Court, it further authorized and empowered, where the inclusion of any employee of Madison County in said retirement system or pension is not feasible on account of the age of such employee, to provide for the payment of benefits to such employee after his or her retirement; and said County, through its Quarterly Court, is further authorized and empowered to do all things else necessary or incidental to the establishment of a retirement or pension system for its employees.

SECTION 2. That this Act shall have no effect unless the same shall be approved by a (2/3) vote of the Quarterly County Court of Madison County, such approval to be within 180 days from and after the approval of this Act by the Governor of Tennessee. The action of the Quarterly County Court shall be proclaimed by its presiding officer and shall be certified by him to the Secretary of State.

SECTION 3. That this Act, for the purpose of action hereon by the Quarterly County Court, shall take effect from and after its passage, and for all other purposes shall take effect from and after its approval by the Quarterly County Court of Madison County, the public welfare requiring it.

Passed: May 13, 1971.