12 Pa. Code § 117.95

Current through Register Vol. 54, No. 45, November 9, 2024
Section 117.95 - Interest

The total amount of interest earned by the investment or reinvestment of all or a part of the principal of a loan shall be returned to the Department for deposit into the Fund and will not be credited as payment of principal or interest on the loan.

12 Pa. Code § 117.95

The provisions of this §117.95 adopted August 21, 1992, effective 8/22/1992, 22 Pa.B. 4315.

The provisions of this §117.95 issued under section 7 of the Local Government Capital Project Loan Fund Act (53 P. S. § 6781-7).