19-2-803. Payment to custodian of minor beneficiary. (1) If any benefit from a system is payable to a minor, the benefit must be paid to one of the following:
     (a) a surviving parent, if any;
     (b) a parent awarded custody of the minor in a divorce proceeding;
     (c) a custodian designated under Title 72, chapter 26;
     (d) a guardian appointed pursuant to Title 72, chapter 5, part 2; or
     (e) a conservator appointed pursuant to Title 72, chapter 5, part 4.
     (2) The payment must be in full and complete discharge and acquittance of the board and system on account of the benefit. The person shall account to the minor for the money when the minor reaches the age of majority.

     History: En. 68-2402 by Sec. 48, Ch. 323, L. 1973; R.C.M. 1947, 68-2402; amd. Sec. 11, Ch. 496, L. 1981; amd. Sec. 28, Ch. 265, L. 1993; Sec. 19-3-1304, MCA 1991; redes. 19-2-803 by Sec. 238, Ch. 265, L. 1993.