Montana Code 19-9-1102. Payments in absence of spouse or child
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19-9-1102. Payments in absence of spouse or child. If, after a member dies, a benefit is not paid pursuant to 19-9-804, 19-9-903, or 19-9-1101, then the member’s designated beneficiary must be paid the amount, if any, of the member’s accumulated contributions minus the total of any benefits already paid from the member’s account.
Terms Used In Montana Code 19-9-1102
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC