The duties and responsibilities of the board shall include, but are not limited to:
(a) The consummation of a settlement with leading United States tobacco product manufacturers
for the exclusive benefit of state tobacco growers;
(b) The execution of all necessary written agreements relative to the national tobacco
community trust to ensure state tobacco growers' receipt of funds directly from the
(c) Consultation with tobacco growers within the state in order to determine how funds
allocated by the national tobacco community trust shall be distributed among state
tobacco growers to compensate them for the adverse effects of decreased consumption,
demand and price for cigarettes;
(d) The submission of a plan to the national tobacco community trust identifying state
tobacco growers and the distribution of trust funds to state tobacco growers; and
(e) The certification of instructions annually to the national tobacco community trust
regarding distribution of funds from the trust directly to the state tobacco growers
during the twelve year payment period, beginning in the year one thousand nine hundred
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 or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.