Montana Statutes
§ 19-20-706 — Exemption From Taxation And Legal Process
19-20-706 . Exemption from taxation and legal process. Except as provided in 19-20-305 and 19-20-306 , the retirement allowances or any other benefits accrued or accruing to any person under the provisions of the retirement system and the accumulated contributions and cash and securities in the various funds of the retirement system are:
(1)exempted from any county or municipal tax except for a refund paid under 19-20-603 of a member's contributions picked up by an employer after June 30, 1985, as provided in 19-20-602 ;
(2)not subject to execution, garnishment, attachment by trustee process or otherwise, in law or equity, or any other process; and
(3)unassignable except as specifically provided in this chapter.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 19-20-706 (Exemption From Taxation And Legal Process) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. 75-6215 by Sec. 110, Ch. 5, L. 1971; R.C.M. 1947, 75-6215; amd. Sec. 8, Ch. 464, L. 1985; amd. Sec. 25, Ch. 83, L. 1989; amd. Sec. 7, Ch. 823, L. 1991; amd. Sec. 3, Ch. 259, L. 1993; Sec. 19-4-706, MCA 1991; redes. 19-20-706 by Code Commissioner, 1993; amd. Sec. 6, Ch. 111, L. 1995; amd. Sec. 17, Ch. 442, L. 1997; amd. Sec. 19, Ch. 552, L. 1997; amd. Sec. 6, Ch. 382, L. 2009; amd. Sec. 8, Ch. 276, L. 2019; amd. Sec. 46, Ch. 503, L. 2021.
Nearby Sections
15
§ 19-20-1002
Payments On Death Of Retiree§ 19-20-1003
Payment Of Death Benefits§ 19-20-1004
Compliance With Federal Act§ 19-20-1005
Alternate Beneficiaries§ 19-20-1008
Changes To Beneficiary Designations -- Limitations On Changing Spouse Beneficiary Interest§ 19-20-101
Definitions§ 19-20-1010
Through 19-20-1012 Reserved§ 19-20-1013
Supremacy Of Retirement System Provisions§ 19-20-102
Retirement System -- Policy§ 19-20-103
Implied Consent Of Employee§ 19-20-104
Guarantee By State