Tobacco Settlement Program Fund

Ark. Code Ann. § 19-26-293 — under Trust Funds.

Ark. Code Ann. § 19-26-293

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

(b) The Tobacco Settlement Program Fund shall consist of:(1) Those moneys deposited from the Tobacco Settlement Cash Holding Fund as provided in § 19-90-104; and(2) Interest earnings.

(1) Those moneys deposited from the Tobacco Settlement Cash Holding Fund as provided in § 19-90-104; and

(2) Interest earnings.

(c) The Tobacco Settlement Program Fund shall be used for the transfer of funds to the various funds and fund accounts as provided in § 19-90-108 and administered by the State Board of Finance.