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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The following acts and all amendments thereof are hereby repealed absolutely:
(1) The act of May 5, 1933 (P.L.457), 1 known as the “Building and Loan Code.”
(2) The act of June 24, 1939 (P.L.746), 2 entitled “An act authorizing Federal savings and loan associations to issue share accounts in the name of certain minors and in the joint names of two or more persons, and validating the acquittances of such minors and validating the acquittances of either person in a joint account, under certain conditions; and outlining the procedure for the payment of share accounts issued in the name of a trustee following the death of the trustee.”
(3) The act of April 6, 1979 (P.L. 17, No. 5), 3 referred to as the Pennsylvania Savings Association Insurance Corporation Act.
(b) The following parts of acts are hereby repealed to the extent specified:
(1) Sections 301, 401A, 402B, 501A, 501B, 501C, 503A, 503C and 1011B of the act of May 15, 1933 (P.L.565), 4 known as the “Department of Banking Code,” as applicable to savings associations, savings and loan associations and building and loan associations.
(2) Section 504B of the act of May 15, 1933 (P.L. 565, No. 111), 5 known as the “Department of Banking Code,” is repealed insofar as it applies to nonfederally insured savings associations.
(3) Section 4 of the act of April 6, 1979 (P.L. 17, No. 5), 6 referred to as the Pennsylvania Savings Association Insurance Corporation Act, is repealed.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-252. Specific repeals - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-7-ps-banks-and-banking/pa-st-sect-7-6020-252/
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.
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