16 Pa. Stat. § 4995

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 4995 - Investment of sinking fund moneys

The commission shall have power to make investment of county sinking funds as authorized by the act of July 12, 1972 (P.L. 781, No. 185), known as the "Local Government Unit Debt Act"; and liquidate any such investment, in whole or in part, by disposing of securities or withdrawing funds on deposit. Any action taken to make or to liquidate any investment shall be made by the commission.

16 P.S. § 4995

1953, July 28, P.L. 723, art. XIX, § 1995. Amended 1982, Dec. 13, P.L. 1136, No. 259, § 4, effective in 60 days.