# Mont. Code Ann. § 19-20-104: 19-20-104 Guarantee by state

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-104

## Section

- **Citation:** Mont. Code Ann. § 19-20-104
- **Heading:** 19-20-104 Guarantee by state
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 19 / Chapter 20 / Part 1 / Section 19-20-104

## Text

19-20-104 . Guarantee by state. Regular interest charges payable, the creation and maintenance of reserves in the pension accumulation account, and the maintenance of accumulated contributions in the annuity savings account, as provided for in this chapter, and the payment of all retirement allowances, refunds, and other benefits granted under the retirement system are obligations of the state of Montana.

## Nearby sections

- [Mont. Code Ann. § 19-20-101 19-20-101 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-101.md)
- [Mont. Code Ann. § 19-20-102 19-20-102 Retirement system -- policy](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-102.md)
- [Mont. Code Ann. § 19-20-103 19-20-103 Implied consent of employee](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-103.md)
- [Mont. Code Ann. § 19-20-104 19-20-104 Guarantee by state](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-104.md)
- [Mont. Code Ann. § 19-20-105 19-20-105 Penalty for fraud](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-105.md)
- [Mont. Code Ann. § 19-20-106 19-20-106 Retaining qualified plan status -- board rulemaking authority](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-106.md)
- [Mont. Code Ann. § 19-20-111 19-20-111 Teachers' retirement system benefit policy statement](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-111.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C20_P1_S19-20-104. Check the current official text before relying on it. Not legal advice.