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Ark. Code Ann. § 19-12-109

Creation of Prevention and Cessation Program Account

Known as the Tobacco Settlement Proceeds Act

The act spans §§ 19–19 (36 sections).

Init

(1) There is hereby created a trust fund on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State within the Tobacco Settlement Program Fund maintained by the State Board of Finance, an account to be known as the “Prevention and Cessation Program Account”. The account shall be used by the Department of Health for such purposes and in such amounts as may be appropriated in law.

(2) All moneys deposited into the account except for investment earnings shall be used for the purposes set forth in § 19-12-113 or such other purposes as may be appropriated in law.

(3) Moneys remaining in the account at the end of each fiscal year shall be carried forward and used for the purposes provided by law.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.