72 Pa. Stat. § 1

Current through P.A. Acts 2023-32

Section 1 - Short title and definitions

This act shall be known and may be cited as "The Fiscal Code."

As used in this act,

"Association" shall include partnerships, limited partnerships, joint-stock associations, joint-stock companies, firms, companies, and all other forms of unincorporated enterprise, owned by two or more persons, and, unless in any instance its use is otherwise limited, shall include associations created under the laws of this Commonwealth, and associations created under the laws of another State of the United States, or of a foreign country, and doing business within this Commonwealth;

"Corporation,""limited partnership," "joint-stock association,""joint-stock company," or "company," shall, unless in any instance its use is otherwise limited, include a corporation, limited partnership, joint-stock association, joint-stock company, or company, incorporated or created under the laws of this Commonwealth, and a corporation, limited partnership, joint-stock association, joint-stock company, or company, incorporated or created under the laws of another State of the United States, or of a foreign country, and doing business within this Commonwealth; and

"Date of settlement" and "date of resettlement" shall mean,

(a) In the case of settlements or resettlements made by the Department of Revenue, the date upon which the settlement or resettlement shall be approved by the Department of the Auditor General; or, if the Department of Revenue and the Department of the Auditor General cannot agree, the date upon which the Board of Finance and Revenue shall decide what the amount of the settlement or resettlement shall be, or the date upon which the settlement or resettlement of the Department of Revenue becomes valid because of the failure of the Board of Finance and Revenue to decide what the amount of the settlement or resettlement shall be, within the time hereinafter prescribed; or

(b) In the case of settlements or resettlements made by the Auditor General and the State Treasurer, the date upon which the settlement or resettlement is approved by the State Treasurer; or, if the Auditor General and State Treasurer shall be unable to agree, the date upon which the Governor shall determine what the amount of the settlement shall be.

72 P.S. § 1

1929, April 9, P.L. 343, art. I, § 1.