8-37-501 - All contributions are due and payable first of each month.

8-37-501. All contributions are due and payable first of each month.

The contributions deducted from the compensation of the members and contributions of the employer shall be due and payable monthly on the first day of each month.

[Acts 1978, ch. 788, § 10; T.C.A., § 8-3930(3).]