South Dakota Codified Laws 10-50B-11. Master Settlement Agreement monies to be deposited in education enhancement trust fund
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Any money received from the Master Settlement Agreement signed on November 23, 1998, by attorneys general from several states and various tobacco companies shall be deposited in the education enhancement trust fund as provided in S.D. Const., Art. XII, § 6.
Terms Used In South Dakota Codified Laws 10-50B-11
- 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.
Source: SL 2000, ch 66, § 1; SL 2001, ch 152, § 5.