19-21-103. Duties of board of regents
19-21-103. Duties of board of regents. The board of regents shall: (1) act as fiduciaries of the program and exercise its fiduciary authority in the same manner that would be used by a prudent person acting in the same capacity who is familiar with the circumstances and in an enterprise of a similar character with similar aims; […]
19-21-104. through 19-21-110 reserved
19-21-104 through 19-21-110 reserved.
19-21-111. Repealed
19-21-111. Repealed. Sec. 3, Ch. 419, L. 1997. History: En. Sec. 9, Ch. 494, L. 1987; amd. Sec. 1, Ch. 365, L. 1991; amd. Sec. 2, Ch. 178, L. 1993.
19-21-101. Authority to establish university system retirement program
19-21-101. Authority to establish university system retirement program. The board of regents may establish a university system retirement program, as provided in this chapter, for the administrative officers and members of the instructional and scientific staff of the Montana university system. The program may be an independent plan or part of a larger plan with respect […]
19-21-102. Definitions
19-21-102. Definitions. Unless the context requires otherwise, as used in this chapter, the following definitions apply: (1) ”Program” means the university system retirement program established pursuant to this chapter. (2) ”Public employees’ retirement system” means the retirement system established in 19-3-103. (3) ”Teachers’ retirement system” or “system” means the teachers’ retirement system provided for in Title 19, chapter 20. […]