§ 8412. Responsibility for investment loss
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 Pa.C.S.A. EducationEffective: June 12, 2017
Effective: June 12, 2017
24 Pa.C.S.A. § 8412
§ 8412. Responsibility for investment loss
The Commonwealth, the board, an employer or a school entity or other political subdivision shall not be responsible for any investment loss incurred under the plan or for the failure of any investment to earn any specific or expected return or to earn as much as any other investment opportunity or to cost less than any other investment opportunity, whether or not such other opportunity was offered to participants in the plan.
Credits
2017, June 12, P.L. 11, No. 5, § 113, imd. effective.
24 Pa.C.S.A. § 8412, PA ST 24 Pa.C.S.A. § 8412
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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