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Current as of January 01, 2022 | Updated by FindLaw Staff
Any fiduciary, insurance company, State bank, trust company, bank and trust company, and any departmental administrative board and commission or other agency of the Commonwealth, shall have power to invest funds and moneys in his or its possession and control in bonds issued by the General State Authority in which the full faith and credit of the Authority is pledged, and such bonds shall be deemed legal investments for all such purposes.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 71 P.S. State Government § 1707-5a. Bonds as legal investment - last updated January 01, 2022 | https://codes.findlaw.com/pa/title-71-ps-state-government/pa-st-sect-71-1707-5a/
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 or via Westlaw before relying on it for your legal needs.
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