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§ 805. Purchase money on such sale; use of

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. Education

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 24 P.S. Education
Chapter 2. Miscellaneous Laws Relating to Schools
Conveyance of Property by Academy or Seminary to School District and Use and Disposition Thereof
24 P.S. § 805
§ 805. Purchase money on such sale; use of
In all cases where such sale and conveyance shall be made of said real estate, buildings and property, under the provisions of section one hereof,1 the purchase money or consideration arising from such sale shall be paid over to the treasurer of the said school district, for the use of said district; and the same shall and may only be used, expended and employed by the board of school directors for the erection of new school buildings, the purchase of school furniture, the necessary equipment of any new school building, erected in place of the buildings or property so sold, or for the making of additions or alterations to any school building erected, or the improvement and beautifying of the school grounds appurtenant to any school building in said district.

Credits

1905, March 24, P.L. 54, § 2.

Footnotes

24 P.S. § 804.
24 P.S. § 805, PA ST 24 P.S. § 805
Current through 2022 Regular Session Act 40. Some statute sections may be more current, see credits for details.
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