Montana Code > Title 2 > Chapter 15 > Part 3 – Lieutenant Governor


§ 2-15-301	Office of lieutenant governor
§ 2-15-302	Powers and duties of lieutenant governor
§ 2-15-303	Repealed
§ 2-15-389	Terminated

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}
Dependent: A person dependent for support upon another.
DROP: means the deferred retirement option plan established pursuant to this part. See Montana Code 19-6-1002
DROP account: means the member's accumulated monthly DROP accruals, plus interest. See Montana Code 19-6-1002
DROP benefit: means the lump-sum benefit calculated and distributed as provided in this part. See Montana Code 19-6-1002
DROP period: means the period of time that a member irrevocably elects to participate in the DROP subject to the provisions of 19-6-1004. See Montana Code 19-6-1002
Participant: means a member of the retirement system who has elected to participate in the DROP pursuant to this part. See Montana Code 19-6-1002
Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
United States: includes the District of Columbia and the territories. See Montana Code 1-1-201