Skip to main content
Find a Lawyer

Pennsylvania Statutes Title 64 Pa.C.S.A. Public Authorities and Quasi-Public Corporations § 1528. Bonds to be legal investments

Current as of January 01, 2026 | Updated by Findlaw Staff

(a) Investments.--Bonds issued pursuant to this chapter are made securities in which all of the following may properly and legally invest funds, including capital, deposits or other funds in their control or belonging to them:

(1) Government agencies.

(2) Insurance companies.

(3) Trust companies.

(4) Banking associations, banking corporations and savings banks.

(5) Investment companies.

(6) Executors, trustees and other fiduciaries.

(7) Trustees of any retirement, pension or annuity fund or system of the Commonwealth.

(b) Deposits.--Bonds issued by the authority are made securities which may properly and legally be deposited with and received by a government agency for any purpose for which the deposit of bonds or other obligations of the Commonwealth are authorized by law.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Pennsylvania Statutes Title 64 Pa.C.S.A. Public Authorities and Quasi-Public Corporations § 1528. Bonds to be legal investments - last updated January 01, 2026 | https://codes.findlaw.com/pa/title-64-pacsa-public-authorities-and-quasipublic-corporations/pa-csa-sect-64-1528/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard