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Current as of January 01, 2025 | Updated by Findlaw Staff
In the event a nuclear attack or other disaster results in the declaration of an emergency an association may during the continuance of such emergency, without regard to any restriction or limitation of this act, take any action to preserve the assets of the association and to continue or resume its business, including any action to obtain the benefit of, or participate in, emergency action authorized by the Federal government.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-5. Emergency powers - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-7-ps-banks-and-banking/pa-st-sect-7-6020-5/
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