Sec. 5. The following accounts are established within the fund:

(1) The local unrestricted opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(2). Money in the account is continuously appropriated to the office of the attorney general to make the distributions described in IC 4-6-15-4(a)(2).

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Terms Used In Indiana Code 4-12-16.3-5

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • fund: means the local opioid settlement fund established by section 2 of this chapter. See Indiana Code 4-12-16.3-1
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(2) The local abatement opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(4). Money in the account is continuously appropriated to the office of the attorney general to make the distributions described in IC 4-6-15-4(a)(4).

As added by P.L.201-2023, SEC.71.