Importer Acceptance Of Joint And Several Liability

IMPORTER ACCEPTANCE OF JOINT-AND-SEVERAL LIABILITY. This form is used in the State of Arkansas by tobacco importers who bring cigarette brand families into the state from Non-Participating Manufacturers (NPMs) under federal and state tobacco settlement laws. By completing this form, the importer formally agrees to accept joint-and-several liability with the manufacturer for all escrow deposits, penalties, costs, and attorney’s fees required under Arkansas law. This ensures that funds are available to cover the state’s escrow obligations for cigarette sales, even if the manufacturer fails to comply. The form requires detailed information about the importer, its legal counsel, the manufacturer, and the specific cigarette brands being imported, as well as documentation such as proof of authority, federal importer permits, and, if applicable, bonding information. Importers must also consent to being sued in Arkansas courts for enforcement actions related to escrow liability. Once completed and notarized, this form must be submitted annually to the Arkansas Attorney General’s Tobacco Division by the statutory deadline, helping the state enforce compliance with tobacco settlement laws and protect public health funding. www.FormsWorkflow.com