Pennsylvania Statutes Title 71 P.S. State Government § 733-703. Exercise of discretion by secretary

A. Whenever, under this act, discretion as to whether, or the manner in which, to exercise a power or fulfill a duty is vested in the secretary in possession of an institution as receiver, he shall, after such examination or investigation as shall seem appropriate under the circumstances, take such action as he deems to the best interests of the depositors or other creditors.

B. The words “the best interests of the estate,” whenever used in this act, shall be construed to refer to the best interests of the depositors or other creditors.