Montana § 19-20-106 - Retaining Qualified Plan Status -- Board Rulemaking Authority
Full text of Montana Montana Code Annotated § 19-20-106 — Retaining Qualified Plan Status -- Board Rulemaking Authority, with citation guidance and answers to common questions.
§ 19-20-106. Retaining Qualified Plan Status -- Board Rulemaking Authority
Retaining qualified plan status -- board rulemaking authority. (1) The board shall administer the plan in the manner required to satisfy the applicable qualification requirements for a qualified governmental plan, as specified in the Internal Revenue Code. If a provision in this chapter conflicts with a qualification requirement in section 401 of the Internal Revenue Code applicable to public retirement systems or with the plan's status as a qualified governmental plan under section 414(d) of the Internal Revenue Code and consequent federal administrative regulations, the provision is either ineffective or must be interpreted to conform to the federal qualification requirements and allow the plan to retain tax-deferred status. The board may adopt rules to implement this section. (2) For the purpose of section 401(a) of the Internal Revenue Code, the plan document for the retirement plan is composed of the applicable provisions of the Montana constitution, this chapter, and applicable rules adopted by the board.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 19-20-106
What does Montana Code Annotated § 19-20-106 cover?
Section 19-20-106 ("Retaining Qualified Plan Status -- Board Rulemaking Authority") 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 § 19-20-106?
A common citation format is "Montana Code Annotated § 19-20-106" (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 § 19-20-106 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.