10-1-1113. Account for service members' life insurance. (1) There is an account in the state treasury that is composed of statutory deposits to the account and includes any gifts, grants, donations, or bequests to the account and earnings from investing the money in the account.
(2) Money in the account must be used, as provided in 10-1-1114, to reimburse service members serving on active duty in a contingency operation for the premiums paid, if any, for service members' group life insurance.
History: En. Sec. 3, Ch. 373, L. 2007.
Structure Montana Code Annotated
Title 10. Military Affairs and Disaster and Emergency Services
Part 11. National Guard Life Insurance Reimbursement
10-1-1105. through 10-1-1110 reserved
10-1-1111. Legislative findings -- purpose
10-1-1113. Account for service members' life insurance
10-1-1114. Military service members' life insurance -- reimbursement -- eligibility