Current through Register Vol. 54, No. 25, June 22, 2024
Section 63.95 - Money or securities received(a)Money received. The Department will deposit all money received with the State Treasurer, Commonwealth of Pennsylvania. Any interest paid by the State Treasurer on money received from an employer shall accrue to the employer, subject to § 63.97 (relating to return or sale of money or securities).(b)Securities received. Securities received will be deposited with the State Treasurer of the Commonwealth. The securities shall be assigned to the Department and be negotiable by the Department at any time. Interest or dividends accruing thereon shall be the property of the owner of the securities, subject to § 63.97.The provisions of this § 63.95 amended June 17, 2011, effective 6/18/2011, 41 Pa.B. 3094.