All of the assets of the retirement system shall be credited according to the purposes for which they are held to one (1) of two (2) accounts, namely, the members' contributions account and the accumulation account.Acts 1945, ch. 29, § 8; 1947, ch. 112, § 1; C. Supp. 1950, § 2540.8 (Williams, § 2524.8); Acts 1961, ch. 62, § 4; 1971, ch. 152, § 1.
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