Idaho § 67-1801 - Idaho millennium permanent endowment fund
Full text of Idaho Idaho Statutes § 67-1801 — Idaho millennium permanent endowment fund, with citation guidance and answers to common questions.
§ 67-1801. Idaho millennium permanent endowment fund
(1) There is hereby created in the state treasury the "Idaho Millennium Permanent Endowment Fund." The fund shall consist of eighty percent (80%) of the moneys received by the state of Idaho on and after January 1, 2007, pursuant to the master settlement agreement entered into between tobacco product manufacturers and the state of Idaho, and such moneys as may be provided by legislative appropriations or otherwise directed to the fund by the legislature, including other moneys or assets that the fund receives by bequest or donation.
(2) The moneys received annually for deposit to the fund, including earnings, shall forever remain inviolate and intact. No portion of the fund shall ever be transferred to any other fund, or used, or appropriated, except as allowed by the provisions of section 18, article VII of the constitution of the state of Idaho and as directed by the provisions of section 67-1802 , Idaho Code.
(3) Fund assets shall be invested by the state treasurer according to the standards of the Idaho uniform prudent investor act, chapter 5, title 68 , Idaho Code, and the state treasurer is hereby granted authority to invest the assets of the fund in any investment instruments authorized by the standards of the Idaho uniform prudent investor act.
[67-1801, added 2006, ch. 187, sec. 1, p. 588.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 67-1801
What does Idaho Statutes § 67-1801 cover?
Section 67-1801 ("Idaho millennium permanent endowment fund") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 67-1801?
A common citation format is "Idaho Statutes § 67-1801" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 67-1801 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.