There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2015 New York Laws
STF - State Finance
Article 6 - (State Finance) FUNDS OF THE STATE
92-X - Tobacco settlement fund.

NY State Fin L § 92-X (2015) What's This?
 92-x. Tobacco settlement fund. 1. There is hereby established in the
  sole  custody  of  the  comptroller  a  special fund, to be known as the
  "tobacco settlement fund".

2. Such fund shall consist of moneys  received  by  the  state,  as  a
  result  of the settlement of litigation in the case of State of New York
  and Dennis C. Vacco v. Philip  Morris,  Incorporated,  et  al.  (Supreme
  Court,  New  York  County,  Index No. 400361/97), pursuant to the escrow
  arrangement provided in the master settlement agreement entered into by,
  inter alia, the Attorney General of  the  State  of  New  York  and  the
  Tobacco  Industry, on November 23, 1998. All monies shall remain in such
  fund unless otherwise directed by statute.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.