Kentucky Statutes 260.868 – Eligibility of licensees to receive tobacco settlement funds under Master Settlement Agreement
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A person holding a license issued by the department may be eligible to receive funds received by the state under the Master Settlement Agreement and placed in the rural development fund established in KRS § 248.655.
Effective:March 20, 2017
History: Amended 2017 Ky. Acts ch. 45, sec. 6, effective March 20, 2017. — Created 2013 Ky. Acts ch. 134, sec. 14, effective June 25, 2013.
Effective:March 20, 2017
Terms Used In Kentucky Statutes 260.868
- 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.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
History: Amended 2017 Ky. Acts ch. 45, sec. 6, effective March 20, 2017. — Created 2013 Ky. Acts ch. 134, sec. 14, effective June 25, 2013.