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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) There is created within the General Fund a restricted account known as the Opioid Litigation Proceeds Restricted Account.
(2) The account consists of:
(a) any money deposited into the account in accordance with Subsection (3);
(b) interest earned on money in the account; and
(c) money appropriated to the account by the Legislature.
(3) Notwithstanding Sections 13-2-8 and 76-10-3114, after reimbursement to the attorney general and the Department of Commerce for expenses related to the matters described in Subsection (3)(a) or (b), the following shall be deposited into the account:
(a) all money received by the attorney general or the Department of Commerce as a result of any judgment, settlement, or compromise of claims pertaining to alleged violations of law related to the manufacture, marketing, distribution, or sale of opioids from a case designated as an opioid case by the attorney general in a legal services contract; and
(b) all money received by the attorney general or the Department of Commerce as a result of any multistate judgment, settlement, or compromise of claims pertaining to alleged violations of law related to the manufacture, marketing, distribution, or sale of opioids.
(4) Subject to appropriation by the Legislature, money in the account shall be used:
(a) to address the effects of alleged violations of law related to the manufacture, marketing, distribution, or sale of opioids; or
(b) if applicable, in accordance with the terms of a settlement agreement described in Subsection (3)(a) or (b) entered into by the state.
Cite this article: FindLaw.com - Utah Code Title 51. Public Funds and Accounts § 51-9-801. Opioid Litigation Proceeds Restricted Account - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-51-public-funds-and-accounts/ut-code-sect-51-9-801/
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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