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Arkansas Code Title 19. Public Finance § 19-5-1116. Tobacco Settlement Program Fund

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) 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”.

(b)(1) 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.

(2) 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.

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Cite this article: FindLaw.com - Arkansas Code Title 19. Public Finance § 19-5-1116. Tobacco Settlement Program Fund - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-19-public-finance/ar-code-sect-19-5-1116/

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