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§ 1714-A.1. Termination

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 10, 2014

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 1. The Fiscal Code (Refs & Annos)
Article XVII-a.1. Additional Special Funds and Restricted Accounts (Refs & Annos)
Subarticle B. Tobacco Settlement Fund
Effective: July 10, 2014
72 P.S. § 1714-A.1
§ 1714-A.1. Termination
Currentness
(a) Termination.--The accounts shall terminate and close January 1, 2015.
(b) Transfer of assets.--Notwithstanding Chapter 3 of the Tobacco Settlement Act1 or other law to the contrary, all assets, nonliquid investments, contractually obligated money, return on investments and any other money or assets in the accounts shall be retained in the accounts until distributed under section 1715-A.1.
(c) Investments.--Beginning July 1, 2014, the board shall not enter into any partnerships or investments.

Credits

1929, April 9, P.L. 343, No. 176, art. XVII-A.1, § 1714-A.1, added 2014, July 10, P.L. 1053, No. 126, § 12, imd. effective.

Footnotes

1
35 P.S. § 5701.301 et seq.
72 P.S. § 1714-A.1, PA ST 72 P.S. § 1714-A.1
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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