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Pennsylvania · Through 2024-09-13 (Statute Update stamp, 64 Pa.C.S.)

64 Pa.C.S. § 1541: Trust accounts.

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Where this section sits in the code
  1. Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS
  2. PART II ECONOMIC DEVELOPMENT FINANCING
  3. CHAPTER 15 COMMONWEALTH FINANCING AUTHORITY
  4. SUBCHAPTER D ACCOUNTS, INDEBTEDNESS AND USE

The authority shall establish one or more trust accounts into which it shall deposit the proceeds of bonds authorized to be issued pursuant to section 1521 (relating to bonds issuance) to fund the programs established in Subchapter E (relating to programs) and any other moneys legally available for the purpose. Moneys held in an account established under this section may be pledged by the authority to secure payment of the bonds.

Collected 2026-09-02T16:34:53Z. Source file · JSON

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