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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) All of the financial books and accounts of the association are subject at all times to examination by the department of administration.
(2) When a complaint is made to the department of administration that any money paid to the treasurer of the association has been or is being spent for an unauthorized purpose and, upon examination, the money is found to have been spent contrary to the authority given, the department shall report to the governor, upon whose directions to the state auditor warrants may not be issued to the association treasurer until the misspent money has been returned.
Cite this article: FindLaw.com - Montana Title 19. Public Retirement Systems § 19-18-206. Authority of department of administration--mishandling of funds - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-19-public-retirement-systems/mt-st-19-18-206/
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