Missouri Laws 416.081 – Antitrust revolving fund — how used — source of funds
1. There is created a revolving fund for the office of the attorney general to be known as the “Antitrust Revolving Fund”, which shall consist of money transferred by the general assembly of the state of Missouri from the general revenue fund to be credited to such fund, and any money paid into the state treasury and required by law to be credited to such fund. This fund shall be kept separate and apart from all other moneys in the state treasury and shall be paid out by the state treasurer upon warrants issued by the state auditor as certified to by the commissioner of administration, upon verified vouchers of the attorney general.
2. Such money, after appropriation pursuant to law, shall be available for the payment of all costs and expenses incurred by the attorney general in investigation, prosecution or enforcement of the provisions of sections 416.011 to 416.161 or federal laws relating to antitrust, trade regulation, restraint of trade or price fixing activities.
Terms Used In Missouri Laws 416.081
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- 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 any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
3. Ten percent of all recoveries obtained by the attorney general pursuant to the authority conferred upon him by sections 416.011 to 416.161, whether by settlement or by judgment, shall be paid into the state treasury to the credit of the antitrust revolving fund. All moneys recovered as court costs by the attorney general pursuant to litigation brought under the authority of sections 416.011 to 416.161 or federal laws relating to antitrust, trade regulation, restraint of trade or price fixing activities, shall be paid into the state treasury to the credit of the antitrust revolving fund.