Ark. Code Ann. § 19-5-1116

Tobacco Settlement Program Fund

Known as the Revenue Stabilization Law

The act spans §§ 19-5-1001 to 19-5-999 (376 sections).

Acts 2001, No. 1646, § 11.

(1) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Tobacco Settlement Program Fund”.

(2) The Tobacco Settlement Program Fund shall consist of those moneys deposited from the Tobacco Settlement Cash Holding Fund provided in § 19-12-104 and interest earnings.

(3) The Tobacco Settlement Program Fund shall be used for the transfer of funds to the various funds and fund accounts set out in § 19-12-108, administered by the State Board of Finance.

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.