TITLE

States: MSA Rules Tough To Enforce

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/23/2006, Vol. 356 Issue 32409, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports some impediments to state compliance with the 1998 Master Settlement Agreement (MSA) in the U.S. According to Massachusetts-based Brattle Groups, states have found it difficult to enforce model statutes that require companies that failed to participate in the MSA to make payments into state-regulated escrow accounts. According to the Brattle Group report, states claimed that enforcement of the statutes has proved costly and cumbersome.
ACCESSION #
21387415

 

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