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State Fund definition

State Fund. The component of the Settlement Fund described in Section V.C.
State Fund means a component of the Settlement Fund described in subsection VIII.D.
State Fund and ‘state fund account’ means the funds appropriated by the General Assembly of South Carolina for the CAP, provided to BDC as custodian for the State of South Carolina, and deposited by BDC into one or more interest‑bearing trust accounts maintained by it as custodian for the State of South Carolina.

Examples of State Fund in a sentence

  • If a Settling State has a State-Subdivision Agreement, amounts apportioned to that Settling State’s State Fund, Remediation Accounts Fund, and Subdivision Fund under Section V.C shall be reallocated and distributed as provided by that agreement.

  • Non-Participating Subdivisions shall not directly receive any portion of any Annual Payment, including from the State Fund and direct distributions from the Remediation Accounts Fund; however, a Settling State may choose to fund future Opioid Remediation that indirectly benefits Non-Participating Subdivisions.

  • The Settlement Fund Administrator will allocate Base Payments under Section IV.G among the Settling States pursuant to Section VI.G. Base Payments for each Settling State will then be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Remediation Accounts Fund, and fifteen percent (15%) to its Subdivision Fund.

  • Incentive payments for which a Settling State is eligible under Section IV.H will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Remediation Accounts Fund, and fifteen percent (15%) to its Subdivision Fund.

  • The Settlement Fund shall be comprised of a Remediation Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State.


More Definitions of State Fund

State Fund means the State Compensatory Afforestation Fund established by each State under sub-section (1) of section 4;
State Fund means a component of the Settlement Fund described in subsection VI.C.
State Fund means the component of the Settlement Fund described in Section
State Fund means the state compensation insurance fund provided for in 39-71-2313. It is also
State Fund means, as applicable, the Clean Water State Revolving Fund, the Wastewater Treatment Fund, the 1992 Wastewater Treatment Fund, the Stormwater Management and Combined Sewer Overflow Abatement Fund, the 1992 Dam Restoration and Clean Water Trust Fund, the 2003 Dam, Lake and Stream Project Revolving Loan Fund, the 2003 Water Resources and Wastewater Treatment Fund or the Water Supply Fund as defined in and as established pursuant to the applicable Bond Act.
State Fund. The component of the Settlement Fund described in Section V.C. AAAA. “State Global Allocation Percentage.” The allocation percentages for all States as set forth in Exhibit F-1, which represents allocations before the credit for Walgreens’ settlement with the State of Florida is applied.
State Fund means the state compensation insurance fund provided for in 39-71-2313 that serves as the guaranteed market for this state. It is also known as compensation plan No. 3 or plan No. 3."