New York Statutes

§ 92-X — Tobacco settlement fund

New York·Law STF State Finance·Art. 6 Funds of the State

§ 92-x. Tobacco settlement fund.

1.There is hereby established in the\nsole custody of the comptroller a special fund, to be known as the\n"tobacco settlement fund".\n 2. Such fund shall consist of moneys received by the state, as a\nresult of the settlement of litigation in the case of State of New York\nand Dennis C. Vacco v. Philip Morris, Incorporated, et al. (Supreme\nCourt, New York County, Index No. 400361/97), pursuant to the escrow\narrangement provided in the master settlement agreement entered into by,\ninter alia, the Attorney General of the State of New York and the\nTobacco Industry, on November 23, 1998. All monies shall remain in such\nfund unless otherwise directed by statute.\n

Free access — add to your briefcase to read the full text and ask questions with AI

New York § 92-X (Tobacco settlement fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗