51.1-807 - Police officers' pension and retirement boards. - Virginia Statutes

§ 51.1-807. Police officers' pension and retirement boards.

Any county, city, or town in this Commonwealth having a police department mayestablish, in the manner hereinafter provided, a board to be known as the"police officers' pension and retirement board." The board shall be a bodycorporate and consist of five members. One member shall be the treasurer ofthe county, city, or town and shall also be the treasurer of the board. Twomembers shall be elected by the majority vote of the members of the policedepartment, one for a term of four years and one for a term of two years, andall successors in office of the one elected for two years shall be electedfor terms of four years. Two members shall be appointed by the governingbody for terms of four years.

When any board is established, it shall, at its first meeting and annuallythereafter, elect one of the members as president and one as secretary. Theboard may also elect a vice-president.

(1940, p. 737; Michie Code 1942, § 3035d; Code 1950, § 51-115; 1990, c. 832.)