Statutory Trust. A trust fund established by state law to receive funds allocated to a Settling State's Remediation Accounts Fund and restrict any expenditures made using funds from the Settling State's Remediation Accounts Fund to Opioid Remediation, subject to reasonable administrative expenses. A State may give a Statutory Trust authority to allocate one
Appears in 4 contracts
Samples: Walgreens Settlement Agreement, Walgreens Settlement Agreement, Walgreens Settlement Agreement
