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RSA 359-P:2 · FRM Victims' Contribution Recovery Fund Established

Title
XXXI: TRADE AND COMMERCE
Chapter
359-P · FRM VICTIMS' CONTRIBUTION RECOVERY FUND
Status
current
Official source linked
Yes
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359-P:2 FRM Victims' Contribution Recovery Fund Established. –

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I.

There is hereby established the FRM victims' contribution recovery fund. The fund shall be nonlapsing and continually appropriated to the director. The fund shall be capped at $10,000,000 and shall consist of gifts and contributions of any kind.

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II.

The fund shall be used for awarding recovery assistance pursuant to this chapter.

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III.

The total amount in the fund less costs of administration shall be distributed on a pro rata basis to qualifying claimants annually on December 31 until all such claims are satisfied. Source. 2016, 293:2, eff. Aug. 20, 2016.

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Source note

Source. 2016, 293:2, eff. Aug. 20, 2016.

Source history

  • 2016, 293:2, eff. Aug. 20, 2016