1957_session laws_383_5
CHAPTER 382 AN ACT TO ENABLE EMPLOYEES OF COUNTY AND CITY ADMIN- ISTRATIVE SCHOOL UNITS OF ROBESON COUNTY TO PARTICI- PATE VOLUNTARILY IN A PLAN WHEREBY MONTHLY DE- DUCTIONS ARE MADE FROM SALARIES PAID TO BE USED FOR THE PAYMENT OF PREMIUMS FOR HOSPITALIZATION INSURANCE AND LIFE INSURANCE FOR THE BENEFIT OF SAID EMPLOYEES. The General Assembly of North Carolina do enact:
Such agreement may be cancelled by the employee executing the same by giving written notice to the county or city superintendent of schools, who is ex-officio Secretary to the county or city board of education, not later than the 15th day of the month in which he desires such agreement to be terminated, and the county or city board of education may cancel any agreement herein provided for upon giving ten days written notice to the affected employee. Within ten days after the termination of the agreement, any surplus funds derived from such employee shall be refunded to said employee.