32.1-359 - Duties of the Board. - Virginia Statutes

§ 32.1-359. Duties of the Board.

The Board shall perform the following duties:

1. Establish specific criteria and procedures governing decisions by theFoundation to cause the moneys obtained from the Master Settlement Agreementin the Fund to be primarily distributed to entities for use in thediscouragement, elimination or prevention of the use of tobacco products byminors. Additionally, the Foundation may distribute moneys in the Fundobtained primarily from public grants and private funding sources to reducechildhood obesity;

2. Establish requirements that every recipient of money distributed from theFund establish and maintain policies that restrict the use of tobaccoproducts by minors, as provided in § 32.1-361;

3. Evaluate the proposals for the use of the assets of the Fund in accordancewith the criteria established by the Board and the provisions of this chapter;

4. Evaluate the implementation and results of all efforts receiving supportfrom the Foundation; and

5. Determine amounts to be deposited from time to time from the Fund to theEndowment.

(1999, cc. 880, 962; 2007, c. 345; 2009, cc. 424, 554.)