(1) Except as provided in subsection (3) of this section, money recovered through litigation by the state acting as trustee of natural resources pursuant to the federal act or the OPA, and any interest derived therefrom, are credited to the natural resource damage recovery fund, which fund is hereby created. The department may expend the custodial money in the fund without further appropriation for purposes authorized by the federal act or the OPA, including the restoration, replacement, or acquisition of the equivalent of natural resources that have been injured, destroyed, or lost as a result of a release of a hazardous substance or oil. In addition, the department shall use the money in the natural resource damage recovery fund in a manner that is consistent with any judicial order, decree, or judgment governing the use of any particular recovery credited to the fund.
Repealed.
To the extent authorized by law, and consistent with a final judicial order or decreein any litigation by the state acting as trustee of natural resources pursuant to the federal act or the OPA, any recovery of natural resource damage assessment or other costs, including litigation costs and fees, shall be credited to the fund from which such costs were originally paid.
Repealed.
Source: L. 85: Entire section added, p. 918, § 3, effective July 1. L. 90: Entire section R&RE, p. 1350, § 2, effective July 1. L. 2005: (2) repealed, p. 287, § 33, effective August 8. L. 2007: (1) amended and (3) added, p. 325, § 1, effective April 2; (3) amended, p. 1504, § 2, effective May 31. L. 2010: (4) added, (HB 10-1325), ch. 30, p. 110, § 1, effective March 18. L. 2013: (1), (4)(b), and (4)(c) amended and (4)(b.5) added, (SB 13-113), ch. 84, p. 269, § 1, effective March 29. L. 2016: (1) and (3) amended, (SB 16-092), ch. 53, p. 125, § 5, effective August 10.
Editor's note: Subsection (4)(c) provided for the repeal of subsection (4), effective July 1, 2020. (See L. 2013, p. 269.)