US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Code of Alabama » Title 41 - State Government. » Chapter 15B - Children First. » Section 41-15B-7 – Disposition of Funds.

Section 41-15B-7

Disposition of funds.

(a) All tobacco revenues from the tobacco settlement received by the state previously designated for the Children First Trust Fund shall be deposited to the Children First Trust Fund within 30 calendar days of receipt of those tobacco revenues.

(b) Allocations from the Children First Trust Fund are conditioned upon the receipt of tobacco revenues.

(Act 2001-843, 2001 3rd Sp. Sess., p. 647, §2; Act 2002-402, p. 1012, §2; Act 2003-517, p. 1544, §1(b)(1,) 1(b)(4); Act 2004-560, p. 1202, §1(b)(1,) 1(b)(4).)