In the event that any officer’s or employee’s term of service or employment with the city terminates before the amount of his authorized deductions has accumulated in his account to an amount sufficient to purchase the bond or bonds, or in the event any such payroll deduction is revoked or cancelled, a demand shall be drawn upon such fund for the amount then standing to the credit of said officer or employee to be delivered to him upon the closing of said account.
SECTION HISTORY
Based on Ord. No. 85,979.