Montana § 19-2-1002 - Termination Of Plan
Full text of Montana Montana Code Annotated § 19-2-1002 — Termination Of Plan, with citation guidance and answers to common questions.
§ 19-2-1002. Termination Of Plan
Termination of plan. (1) Upon termination of a retirement system or plan, termination of employment of a substantial number of members that would constitute a partial termination of the retirement system or plan, or complete discontinuance of contributions to that retirement system or plan, the retirement benefit accrued to each member directly affected by the occurrence becomes fully vested and nonforfeitable to the extent funded. (2) A plan member is 100% vested in the member's accumulated contributions at all times. (3) At any time prior to satisfaction of all liabilities to members and their beneficiaries under the retirement system or plan, any part of a member's accumulated contributions may not be used for or diverted to purposes other than the exclusive benefit of members and their beneficiaries.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 19-2-1002
What does Montana Code Annotated § 19-2-1002 cover?
Section 19-2-1002 ("Termination Of Plan") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 19-2-1002?
A common citation format is "Montana Code Annotated § 19-2-1002" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 19-2-1002 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.