49-5-905 - Deficiencies in contributions.

49-5-905. Deficiencies in contributions.

Any teacher who has not contributed to the minimum amount may make up the deficiency by a cash payment in full with principal and interest or by having it deducted in equal amounts from the annuity installments.

[Acts 1917, ch. 76, § 6; Shan., § 1469b6 (p. 6544); Shan. Supp., § 1469a6; Code 1932, § 2530; T.C.A. (orig. ed.), § 49-1605.]