For the purpose of financing such insurance programs, the municipal corporation or special school district may bear the expense of such coverages, as the aldermen or other governing body of the municipal corporation or special school district shall so determine, up to an amount equaling one hundred percent (100%) of the cost of such program, and the participating employees and officials shall have deducted from their salary an amount which will be sufficient to pay the remainder of the cost for the coverage.Acts 1961, ch. 328, § 4; T.C.A., §§ 8-4114, 8-4113, 8-50-304; Acts 1988, ch. 673, § 2; 1988, ch. 847, § 2.
Tennessee Legal Code