15 Pa. C.S. § 7335

Current through Pa Acts 2024-53, 2024-56 through 2024-79
Section 7335 - Limited exemption from Securities Act

Whenever any electric cooperative corporation subject to this chapter has borrowed money from any Federal agency, the obligations issued to secure the payment of the money shall be exempt from the provisions of the act of December 5, 1972 (P.L. 1280, No. 284), known as the Pennsylvania Securities Act of 1972, nor shall the provisions of that act apply to the issuance of membership certificates.

15 Pa.C.S. § 7335

1990, Dec. 19, P.L. 834, No. 198, § 102, imd. effective.