Arkansas Tobacco Settlement Commission Fund

Ark. Code Ann. § 19-26-294 — under Trust Funds.

Ark. Code Ann. § 19-26-294

(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 “Arkansas Tobacco Settlement Commission Fund”.

(b) The Arkansas Tobacco Settlement Commission Fund shall consist of:(1) Investment earnings transferred from the Tobacco Settlement Program Fund and each of the Tobacco Settlement Program Accounts as provided in § 19-90-108; and(2) Interest earnings.

(1) Investment earnings transferred from the Tobacco Settlement Program Fund and each of the Tobacco Settlement Program Accounts as provided in § 19-90-108; and

(2) Interest earnings.

(c) The Arkansas Tobacco Settlement Commission Fund shall be used as provided in § 19-90-108 and administered by the State Board of Finance.