Montana § 19-2-407 - Reports
Full text of Montana Montana Code Annotated § 19-2-407 — Reports, with citation guidance and answers to common questions.
§ 19-2-407. Reports
Reports. (1) As soon as practical after the close of each fiscal year, the board shall file with the governor and with the legislature pursuant to 5-11-210 a report of its work for that fiscal year. The report must include but is not limited to: (a) a statement as to the accumulated cash and securities in the pension trust funds as certified by the state treasurer and the board of investments; (b) a summary of the most recent information available from the actuary concerning the actuarial valuation of the assets and liabilities of each system or plan; and (c) an analysis of how market performance is affecting actuarial funding of each of the retirement systems or plans. (2) The report required under subsection (1) must also provide information concerning the defined contribution plan, including a description of the plan, the number of members in the plan, plan contribution rates, the total amount of money invested by members, investment performance, administrative costs and fees, and other information required under applicable governmental accounting standards and as determined by the board.
Frequently Asked Questions About Montana § 19-2-407
What does Montana Code Annotated § 19-2-407 cover?
Section 19-2-407 ("Reports") 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 § 19-2-407?
A common citation format is "Montana Code Annotated § 19-2-407" (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 § 19-2-407 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.