20 chapters · 579 sections in this title.
Mont. Code Ann. § 19-19-101 Definition
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Unless the context requires a different meaning, any reference to "municipality", "city", or "town" in this chapter includes those jurisdictions which, prior to the effective date of a county-municipal consolidation, were incorporated municipalities, subsequent districts created …
Mont. Code Ann. § 19-19-201 Local Boards Of Trustees Of Funds
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(1) Each city or town that has a police retirement fund must have a board of trustees of the fund, except as provided in subsection (4). (2) A board of trustees existing under subsection (1) must consist of the mayor, clerk, and attorney of the city or town and two members from t…
Mont. Code Ann. § 19-19-202 Limit On Use Of Fund
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(1) Except as provided in subsection (2), a police retirement fund may not be used for any purpose other than to make payments authorized by this chapter to members of the police department on the retired list and to make authorized investments. (2) When a city or town no longer …
Mont. Code Ann. § 19-19-203 Investment Of Fund
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(1) All money in the fund in excess of such an amount as is considered necessary from time to time to meet current payments to retired police officers shall be invested as hereinafter provided. All interest on money belonging to the fund from any source belongs to and must be pai…