45-18-31
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45-18-31.
The
state or any county, municipality, or other political subdivision may contract
with any employee to defer, in whole or in part, any portion of such
employeés
compensation under a deferred compensation plan; and the state, county,
municipality, or other political subdivision may provide the deferred
compensation plan itself or it may contract with any company qualified to do
business in this state to provide such benefits.