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Current as of January 01, 2024 | Updated by Findlaw Staff
There is created in the state treasury an opioid settlement fund. Moneys recovered by the state as a result of opioid litigation must be deposited in the fund. Moneys recovered by a political subdivision as a result of opioid litigation may be deposited in the fund. The state investment board shall invest moneys in the fund and income earned on the moneys in the fund must be credited to the fund. Moneys in the fund may be used in compliance with any court-ordered restrictions and as authorized by legislative appropriation and this chapter; however, legislative appropriations from the fund may not exceed eight million dollars in a biennium. The fund does not include funds not retained by the state pursuant to law or court order.
Cite this article: FindLaw.com - North Dakota Century Code Title 50. Public Welfare § 50-36-02. Opioid settlement fund - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-50-public-welfare/nd-cent-code-sect-50-36-02/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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