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20 chapters · 579 sections in this title.
Mont. Code Ann. § 19-21-101 Authority To Establish University System Retirement Program
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The board of regents may establish a university system retirement program, as provided in this chapter, for the administrative officers and members of the instructional and scientific staff of the Montana university system. The program may be an independent plan or part of a larg…
Mont. Code Ann. § 19-21-102 Definitions
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Unless the context requires otherwise, as used in this chapter, the following definitions apply: (1) "Program" means the university system retirement program established pursuant to this chapter. (2) "Public employees' retirement system" means the retirement system established in…
Mont. Code Ann. § 19-21-103 Duties Of Board Of Regents
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The board of regents shall: (1) act as fiduciaries of the program and exercise its fiduciary authority in the same manner that would be used by a prudent person acting in the same capacity who is familiar with the circumstances and in an enterprise of a similar character with sim…
Mont. Code Ann. § 19-21-201 Participation In Program
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(1) Except as provided in this section, academic and professional administrative personnel with individual contracts under the authority of the board of regents are eligible for and may elect to participate in the program instead of the teachers' retirement system. This election …