Qualifying statute definition

Qualifying statute means that term as defined in the master settlement agreement, which is 1999 PA 244, MCL 445.2051 to 445.2052.
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Qualifying statute means a Settling State's statute, regulation, law and/or rule (applicable everywhere the Settling State has authority to legislate) that effectively and fully neutralizes the cost disadvantages that the Participating Manufacturers experience vis- -vis Non-Participating Manufacturers within such Settling State as a result of the provisions of this Agreement. Each Participating Manufacturer and each Settling State agree that the model statute in the form set forth in Exhibit T (the "Model Statute"), if enacted without modification or addition (except for particularized state procedural or technical requirements) and not in conjunction with any other legislative or regulatory proposal, shall constitute a Qualifying Statute. Each Participating Manufacturer agrees to support the enactment of such Model
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Qualifying statute means chapter 23-71 of the general laws enacted March 30, 2001
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Examples of Qualifying statute in a sentence

  • Similar to their attacks on attorneys general cooperative lawsuits, critics of the tobacco settlement argue the Qualifying Statute violated the Dormant Commerce Clause because it allegedly regulated tobacco transactions beyond the boundaries of the State enacting the Qualifying statute.


More Definitions of Qualifying statute

Qualifying statute means Chapter 1346, Ohio Revised Code, as amended from time to time.
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Qualifying statute. MEANS THE PROVISIONS OF PART 2 OF ARTICLE 28 OF TITLE 39, C.R.S.
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Related to Qualifying statute

  • Governing statute of an organization means the statute that governs the organization's internal affairs.

  • Criminal drug statute means a Federal or non-Federal criminal statute involving the manufacture, distribution, dispensing, possession or use of any controlled substance.

  • The Statute means Statute 7;

  • Uniform Commercial Code or “UCC” means the Uniform Commercial Code as the same may from time to time be in effect in the State of New York or the Uniform Commercial Code (or similar code or statute) of another jurisdiction, to the extent it may be required to apply to any item or items of Collateral.

  • Qualifying student means a student who is a South Carolina resident and who is eligible to be enrolled in a South Carolina secondary or elementary public school at the kindergarten or later year level for the current school year.

  • Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons:

  • the Statutes means the Companies Act and every other act (as may from time to time be amended) for the time being in force in Bermuda applying to or affecting the Company, the Memorandum of Association and/or these presents;

  • Securities Act of 1933 means the United States Securities Act of 1933, as from time to time amended.

  • FMC Act means the Financial Markets Conduct Act 2013.

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.

  • Applicable Securities Legislation means applicable securities laws (including rules, regulations, policies and instruments) in each of the applicable provinces and territories of Canada;

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • POPI Act means the Protection of Personal Information Act, Act 4 of 2013;

  • Qualifying Dependent means, for Dependent Care Flexible Spending Account purposes,

  • Qualifying Provinces means, collectively, all of the provinces of Canada except Québec.

  • Cooperative Stock With respect to a Cooperative Loan, the single outstanding class of stock, partnership interest or other ownership instrument in the related Cooperative.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • the 1992 Act means the Local Government Finance Act 1992;

  • Family Law Act means the Family Law Act, R.S.O. 1990, c. F.3, as am. S.O. 2006, c. 1, s.5; 2006, c. 19, Sched. B, s. 9, Sched. C, s. 1(1), (2), (4);

  • Qualifying Jurisdictions means each of the provinces and territories of Canada;

  • U.S. Securities Act means the United States Securities Act of 1933, as amended;

  • Qualifying patient means a person who: