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§ 7-731. Bank and trust companies and other persons

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 47 P.S. Liquor

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 47 P.S. Liquor (Refs & Annos)
Chapter 1. Liquor Code (Refs & Annos)
Article VII. Dealing in Distillery Bonded Warehouse Certificates
(d) Exemptions
47 P.S. § 7-731
§ 7-731. Bank and trust companies and other persons
Bank and trust companies and other persons duly authorized within this Commonwealth to engage in the business of lending money to licensed distillers, rectifiers, importers and distillery certificate brokers may, without a permit required under the provisions of this act, accept distillery bonded warehouse certificates as security or collateral for any loan made in the regular conduct of their business, and such banks and trust companies and other persons may liquidate such security or collateral by sale only to licensed distillers, rectifiers, importers or distillery certificate brokers.

Credits

1951, April 12, P.L. 90, art. VII, § 731. Reenacted 1987, June 29, P.L. 32, No. 14, § 131, effective July 1, 1987.
47 P.S. § 7-731, PA ST 47 P.S. § 7-731
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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