Pennsylvania Statutes Title 71 P.S. State Government § 1478. Investigation of applications for permission to execute mortgages

Every application to the Auditor General made by any institution, corporation, or incorporated association, desiring to give a mortgage under the provisions of the act, approved the twenty-ninth day of April, Anno Domini one thousand nine hundred and fifteen (Pamphlet Laws, two hundred and one), entitled “An act making mortgages given by benevolent, charitable, philanthropic, educational, and eleemosynary institutions, corporations, or unincorporated associations, for permanent improvement and refunding purposes, prior liens to the liens of the Commonwealth for the appropriation of moneys; providing a method for the giving of such mortgages, and fixing the duties of the Auditor General and Board of Public Charities in connection therewith,”  1 shall be submitted to the department for investigation and report thereon to the Auditor General.