Section 4-504 - Memorandum of understanding between employer and exclusive representative.

§ 4-504. Memorandum of understanding between employer and exclusive representative.
 

Subject to provisions concerning budgetary and fiscal procedures contained in the employer's charter, if ratified or approved by a legislative enactment of the employer, and if signed by the chief executive officer of the employer, a memorandum of understanding between the employer and an exclusive representative shall bind the employer for the period of time which is provided in the agreement. 
 

[1994, ch. 733.]