North Dakota § 54-27-25 Tobacco settlement trust fund - Interest on fund - Uses

North Dakota Statutes

§ 54-27-25 — Tobacco settlement trust fund - Interest on fund - Uses

North Dakota·Title 54 State Government·Ch. 54-27 Fiscal Administration

There is created in the state treasury a tobacco settlement trust fund. The fund consists of
the tobacco settlement dollars obtained by the state under subsection IX(c)(1) of the master
settlement agreement and consent agreement adopted by the east central judicial district court
in its judgment entered December 28, 1998 [Civil No. 98-3778] in State of North Dakota, ex rel.
Heidi Heitkamp v. Philip Morris, Inc. Moneys received by the state under subsection IX(c)(1)
must be deposited in the fund. Moneys in the fund must be transferred within thirty days of
receipt by the state to a community health trust fund. Moneys in the fund may be appropriated
for community-based public health programs and other public health programs, including
programs with emphasis on preventing or reducing tobacco 

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There is created in the state treasury a tobacco settlement trust fund. The fund consists of
the tobacco settlement dollars obtained by the state under subsection IX(c)(1) of the master
settlement agreement and consent agreement adopted by the east central judicial district court
in its judgment entered December 28, 1998 [Civil No. 98-3778] in State of North Dakota, ex rel.
Heidi Heitkamp v. Philip Morris, Inc. Moneys received by the state under subsection IX(c)(1)
must be deposited in the fund. Moneys in the fund must be transferred within thirty days of
receipt by the state to a community health trust fund. Moneys in the fund may be appropriated
for community-based public health programs and other public health programs, including
programs with emphasis on preventing or reducing tobacco usage in this state, and for the
enforcement of the master settlement agreement and consent agreement and any disputes with
the agreement.

North Dakota § 54-27-25 (Tobacco settlement trust fund - Interest on fund - Uses) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.