§ 19-5-1115. Arkansas Healthy Century Trust Fund

AR Code § 19-5-1115 (2018) (N/A)
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(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 Healthy Century Trust Fund".

(b)

(1) The fund shall consist of an initial principal amount of $100,000,000 of tobacco settlement funds as provided in § 19-12-104 and interest earnings.

(2) The fund shall be used for those programs set out in § 19-12-107, administered by the State Board of Finance.