Texas Statutes
Subchapter R. Statewide Opioid Settlement Agreement
Section 403.501. Definitions

Sec. 403.501. DEFINITIONS. In this subchapter:
(1) "Account" means the opioid abatement account established by Section 403.505.
(2) "Council" means the Texas opioid abatement fund council established by Section 403.503 to manage the distribution of money allocated to the council from the opioid abatement trust fund in accordance with a statewide opioid settlement agreement.
(3) "Fund" means the opioid abatement trust fund established by Section 403.506.
(4) "Released entity" means an entity against which a claim is released under a statewide opioid settlement agreement.
(5) "Statewide opioid settlement agreement" means all settlement agreements and related documents entered into by this state through the attorney general, political subdivisions that have brought a civil action for an opioid-related harm claim against an opioid manufacturer, distributor, or retailer, and opioid manufacturers, distributors, or retailers relating to illegal conduct in the marketing, promotion, sale, distribution, and dispensation of opioids that provide relief for this state and political subdivisions of this state.
(6) "Trust company" means the Texas Treasury Safekeeping Trust Company.
Added by Acts 2021, 87th Leg., R.S., Ch. 781 (S.B. 1827), Sec. 1, eff. June 16, 2021.

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