Montana § 19-19-203 - Investment Of Fund
Full text of Montana Montana Code Annotated § 19-19-203 — Investment Of Fund, with citation guidance and answers to common questions.
§ 19-19-203. Investment Of Fund
Investment of fund. (1) All money in the fund in excess of such an amount as is considered necessary from time to time to meet current payments to retired police officers shall be invested as hereinafter provided. All interest on money belonging to the fund from any source belongs to and must be paid into the fund. (2) Whenever the money in the police retirement fund exceeds the greater of the following amounts, the city treasurer shall remit the excess to the state treasurer, who shall invest the remittances under the direction of the board of investments as provided in 17-6-204 : (a) 1 1/2 times the monthly benefit paid in the preceding month; or (b) $5,000. (3) The funds deposited in the police retirement fund of a city or town after July 1, 1977, are limited to the investments in 17-6-211 . However, these funds may be invested under the provisions of 17-6-204 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 19-19-203
What does Montana Code Annotated § 19-19-203 cover?
Section 19-19-203 ("Investment Of Fund") 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 § 19-19-203?
A common citation format is "Montana Code Annotated § 19-19-203" (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 § 19-19-203 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.