Nevada § 370A.140 - Participation in Master Settlement Agreement or deposits into qualified escrow fund required
Full text of Nevada Nevada Revised Statutes § 370A.140 — Participation in Master Settlement Agreement or deposits into qualified escrow fund required, with citation guidance and answers to common questions.
§ 370A.140. Participation in Master Settlement Agreement or deposits into qualified escrow fund required
A manufacturer of tobacco products that sells cigarettes to consumers in this state,
directly or through a distributor, retailer or similar intermediary or intermediaries,
after May 24, 1999, shall do one of the following: 1. Become a participating manufacturer and generally perform its financial obligations
under the Master Settlement Agreement; or 2. Deposit into a qualified escrow fund, on or before April 15 of the year following
the year in question, the following amounts as such amounts are adjusted for inflation: (a) For the year 1999, $0.0094241 for each unit sold after May 24, 1999; (b) For the year 2000, $0.0104712 for each unit sold; (c) For each of the years 2001 and 2002, $0.0136125 for each unit sold; (d) For each of the years 2003 through 2006, $0.0167539 for each unit sold; and (e) For each of the year 2007 and each year thereafter, $0.0188482 for each unit sold.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 370A.140
What does Nevada Revised Statutes § 370A.140 cover?
Section 370A.140 ("Participation in Master Settlement Agreement or deposits into qualified escrow fund required") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. 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 Nevada § 370A.140?
A common citation format is "Nevada Revised Statutes § 370A.140" (Nevada). 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 Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 370A.140 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada 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 Nevada.