Montana Statutes
§ 19-17-302 — Investment Of Pension Trust Fund
Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 17 VOLUNTEER FIREFIGHTERS' COMPENSATION ACT·Part 3 Contributions to Fund
19-17-302 . Investment of pension trust fund.
(1)The pension trust fund must be invested by the board of investments as part of the unified investment program described in Title 17, chapter 6, part 2.
(2)All income earned on any assets constituting a part of the pension trust fund must be paid into the pension trust fund as received.
(3)For investment purposes, the pension trust fund may be commingled with other pension funds administered by the board, but a separate account must be maintained for each system.
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Legislative History
En. Sec. 9, Ch. 65, L. 1935; re-en. Sec. 5158.9, R.C.M. 1935; amd. Sec. 194, Ch. 147, L. 1963; amd. Sec. 3, Ch. 95, L. 1977; R.C.M. 1947, 11-2028; Sec. 19-12-302 , MCA 1991; redes. 19-17-302 by Code Commissioner, 1993; amd. Sec. 9, Ch. 175, L. 1995.
Nearby Sections
15
§ 19-17-101
Short Title§ 19-17-102
Definitions§ 19-17-103
Renumbered 19-17-205§ 19-17-104
Repealed§ 19-17-105
Duties Of Volunteer Firefighters§ 19-17-109
Eligible Fire Company§ 19-17-110
Allowable Payments To Volunteer Firefighters§ 19-17-111
Records Information Management§ 19-17-112
Filing Required Reports -- Limitations§ 19-17-113
Corrections, Audits, And Penalties§ 19-17-114
Through 19-17-116 Reserved