Montana § 20-25-1404 Authorization To Finance Self-Insured Health Plan For Students

Montana Statutes

§ 20-25-1404 — Authorization To Finance Self-Insured Health Plan For Students

Montana § 20-25-1404

Title 20EDUCATION

Ch. 25UNIVERSITY SYSTEM

Part 14Self-Insured Student Health Plan

This text of Montana § 20-25-1404 (Authorization To Finance Self-Insured Health Plan For Students) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 20-25-1404 (2026).

Text

20-25-1404 . Authorization to finance self-insured health plan for students. The commissioner may, subject to the approval of the board of regents, finance the initial costs to establish the plan established pursuant to 20-25-1401 by using any of the following methods:

(1)authorizing a long-term loan of university funds. The loan must bear interest at a rate equivalent to the previous fiscal year's average rate of return on the board of investments' short-term investment pool.

(2)issuing and selling bonds and notes in whole or in part for this purpose; or

(3)using any other lawful means, including the assessment of student fees.

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20-25-1404 . Authorization to finance self-insured health plan for students. The commissioner may, subject to the approval of the board of regents, finance the initial costs to establish the plan established pursuant to 20-25-1401 by using any of the following methods:
(1) authorizing a long-term loan of university funds. The loan must bear interest at a rate equivalent to the previous fiscal year's average rate of return on the board of investments' short-term investment pool.
(2) issuing and selling bonds and notes in whole or in part for this purpose; or
(3) using any other lawful means, including the assessment of student fees.