Montana § 19-20-1206 - Interest On Overpayments And Unpaid Contributions
Full text of Montana Montana Code Annotated § 19-20-1206 — Interest On Overpayments And Unpaid Contributions, with citation guidance and answers to common questions.
§ 19-20-1206. Interest On Overpayments And Unpaid Contributions
Interest on overpayments and unpaid contributions. (1) Except as provided in subsection (2), overpaid benefits and unpaid contributions accrue interest at the retirement system's actuarially assumed annual rate of return, compounded monthly. Interest accrues beginning on the date that the first erroneous payment was made or that the contributions were first due and continues to accrue until the amount owed to the retirement system is fully paid. (2) If overpaid benefits or unpaid contributions resulted solely from an error made by the retirement system, the amount owed may not include interest.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 19-20-1206
What does Montana Code Annotated § 19-20-1206 cover?
Section 19-20-1206 ("Interest On Overpayments And Unpaid Contributions") 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 § 19-20-1206?
A common citation format is "Montana Code Annotated § 19-20-1206" (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 § 19-20-1206 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.