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Act 244 of 1999
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TOBACCO PRODUCT MANUFACTURERS' ESCROW ACCOUNTS

Act 244 of 1999

AN ACT to require tobacco product manufacturers to place funds in escrow for medical expenses incurred by the state due to tobacco related illnesses; to establish a formula for determining the amount of the escrow; to establish the conditions for release of funds from escrow; to prescribe powers and duties of the attorney general; and to provide for civil penalties for violation of this act.


History: 1999, Act 244, Imd. Eff. Dec. 28, 1999




The People of the State of Michigan enact:

DocumentTypeDescription
Section 445.2051SectionDefinitions.
Section 445.2052SectionTobacco product manufacturer; duties; escrow fund deposits; schedule; interest or other appreciation; release; certification of compliance; violation; applicability of subsection (7); assignment of rights; withdrawal of funds; severability.
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