LD 1511
pg. 3
Page 2 of 3 PUBLIC Law Chapter 435 LD 1511 Title Page
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LR 1992
Item 1

 
Settlement Agreement (as determined pursuant to section
IX(i)(2) of the Master Settlement Agreement, and before
any of the adjustments or offsets described in section
IX(i)(3) of that Agreement other than the Inflation
Adjustment) had it been a participating manufacturer, the
excess must be released from escrow and revert back to
such tobacco product manufacturer.__This subparagraph
takes effect only if, following the repeal of
subparagraph (2), as described therein, a court of
competent jurisdiction holds that paragraph A is
unconstitutional; or

 
(3) to the extent not released from escrow under
subparagraph (1) or (2), funds shall must be released
from escrow and revert back to such tobacco product
manufacturer twenty-five 25 years after the date on
which they were placed into escrow.


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