DecisionDepot
California legal research

Florida Florida Statutes

§ 215.56005 — Tobacco Settlement Financing Corporation

FS § 215.56005Ch. 215

Statute text

View on source
(1)DEFINITIONS.—As used in this section:(a) “Bond” means any bond, debenture, note, certificate, or other obligation of financial indebtedness issued by the corporation under this section.
(b)“Corporation” means the Tobacco Settlement Financing Corporation created by this section.
(c)“Department” means the Department of Financial Services or its successor.
(d)“Purchase agreement” means a contract between the corporation and the State of Florida, acting by and through the department, in which the State of Florida sells to the corporation any or all of the state's right, title, and interest in and to the tobacco settlement agreement, including, but not limited to, the moneys to be received thereunder.
(e)“State” means the State of Florida.
(f)“Tobacco settlement agreement” means the settlement agreement, as amended, entered into by the state and participating cigarette manufacturers in settlement of State of Florida v. American Tobacco Co., No. 95-1466AH (Fla. 15th Cir. Ct. 1996).

Legislative history

s. 1, ch. 2000-128; s. 141, ch. 2001-266; s. 223, ch. 2003-261; s. 4, ch. 2021-43.