(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the 'Arkansas Tobacco Settlement Commission Fund'.(b)(1) The Arkansas Tobacco Settlement Commission Fund shall consist of investment earnings transferred from the Tobacco Settlement Program Fund and each of the Tobacco Settlement Program Accounts as provided in § 19-12-108 and interest earnings.(2) The Arkansas Tobacco Settlement Commission Fund shall be used for those purposes set out in § 19-12-108, administered by the State Board of Finance.Acts 2001, No. 1646, § 11.
Arkansas Legal Code