# Mont. Code Ann. § 19-2-1006: 19-2-1006 Use of forfeitures

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1006

## Section

- **Citation:** Mont. Code Ann. § 19-2-1006
- **Heading:** 19-2-1006 Use of forfeitures
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 19 / Chapter 2 / Part 10 / Section 19-2-1006

## Text

19-2-1006 . Use of forfeitures. A retirement system or plan subject to this chapter may not apply forfeitures of benefits resulting from the member's termination of employment, the death of the member, or any other reason to increase the benefits of any member in a manner not permitted in Internal Revenue Code section 401(a)(8). However, forfeitures may be used to reduce the cost of administering a retirement system or plan subject to this chapter.

## Nearby sections

- [Mont. Code Ann. § 19-2-1001 19-2-1001 Maximum contribution and benefit limitations](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1001.md)
- [Mont. Code Ann. § 19-2-1002 19-2-1002 Termination of plan](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1002.md)
- [Mont. Code Ann. § 19-2-1003 19-2-1003 Transfer of dormant, nonvested member-accumulated contributions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1003.md)
- [Mont. Code Ann. § 19-2-1004 19-2-1004 Exemption from taxes and legal process](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1004.md)
- [Mont. Code Ann. § 19-2-1005 19-2-1005 Compensation limit](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1005.md)
- [Mont. Code Ann. § 19-2-1006 19-2-1006 Use of forfeitures](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1006.md)
- [Mont. Code Ann. § 19-2-1007 19-2-1007 Required distributions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1007.md)
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- [Mont. Code Ann. § 19-2-1013 19-2-1013 Compliance with federal restrictions on interest rate crediting](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1013.md)
- [Mont. Code Ann. § 19-2-1014 19-2-1014 Compliance with federal laws regarding service in uniformed services](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1014.md)
- [Mont. Code Ann. § 19-2-1015 19-2-1015 Probate and nonprobate transfer statutes superseded](https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1015.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T19_C2_P10_S19-2-1006. Check the current official text before relying on it. Not legal advice.