Section 9. It shall be the duty of the board to receive and retain and, when deemed advisable, to invest the funds payable in accordance with the provisions of this act, and to pay over by warrant or check, the amount due to said officers and employes.
Section 9
Act 362 of 1945, § 9, under ALLOWING THIRD CLASS CITIES TO ESTABLISH A RETIREMENT SYSTEM.
Act 362 of 1945, § 9