53 Pa. Stat. § 42211

Current through Pa Acts 2024-53, 2024-56 through 2024-79
Section 42211 - Investment of funds

Funds of an authority that are not required for immediate use may be invested in obligations of an assisted city or in obligations of the Federal Government or of the Commonwealth or obligations that are legal investments for Commonwealth funds. No money may be invested in obligations issued by or obligations guaranteed by the assisted city without the approval of the board.

53 P.S. § 42211

2018, Oct. 24, P.L. 751, No. 124, § 211, imd. effective.