North Dakota Statutes
§ 54-27-25 — Tobacco settlement trust fund - Interest on fund - Uses
North Dakota § 54-27-25
This text of North Dakota § 54-27-25 (Tobacco settlement trust fund - Interest on fund - Uses) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.D. Cent. Code § 54-27-25 (2026).
Text
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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Related
State Ex Rel. Stenehjem v. Philip Morris, Inc.
2007 ND 90 (North Dakota Supreme Court, 2007)
Nearby Sections
15
§ 54-01-02
When property escheats§ 54-01-02.1
Unclaimed funds defined§ 54-01-02.2
Notice of unclaimed funds§ 54-01-02.3
Disposal of unclaimed funds§ 54-01-03
State may acquire property by taxation§ 54-01-05.1
State-owned land - How transferred§ 54-01-05.2
Sale of state-owned land - Notice§ 54-01-05.4
Impact analysis - Governor to requireCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 54-27-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/54-27-25.