Montana Code Annotated 2019

TITLE 19. PUBLIC RETIREMENT SYSTEMS

CHAPTER 50. DEFERRED COMPENSATION

Part 2. Administration

Public Entity Not To Be Liable

19-50-204. Public entity not to be liable. There shall be no financial liability of the state or a political subdivision for any investment losses incurred by any eligible deferred compensation plan established under this chapter.

History: En. 68-2707 by Sec. 7, Ch. 264, L. 1974; R.C.M. 1947, 68-2707; amd. Sec. 8, Ch. 472, L. 1981; Sec. 19-2-204, MCA 1991; redes. 19-50-204 by Code Commissioner, 1993.