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§ 307. Investment and operation of fund

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 9 Pa.C.S.A. Burial Grounds

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 9 Pa.C.S.A. Burial Grounds (Refs & Annos)
Chapter 3. Regulation of Cemetery Companies
9 Pa.C.S.A. § 307
§ 307. Investment and operation of fund
Currentness
The permanent lot care fund shall be invested by the qualified trustee in the manner authorized for fiduciaries by the Fiduciaries Investment Act of 1949,1 and the qualified trustee, if an institutional trustee, shall pay semiannually the net income of the fund to the cemetery company for the purposes set forth in this chapter.

Credits

1972, Nov. 15, P.L. 1063, No. 271, § 307, effective in 90 days.

Footnotes

1
20 P.S. § 821.1 et seq. (repealed); see 20 Pa.C.S.A. § 7301 et seq.
9 Pa.C.S.A. § 307, PA ST 9 Pa.C.S.A. § 307
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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