§ 1719. Failure of State depository to make report
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal Affairs
72 P.S. § 1719
§ 1719. Failure of State depository to make report
If any bank, banking institution, or trust company, acting as a State depository, shall fail to make to the Treasury Department the report required by section 304 of this act,1 within the time prescribed therein, for any six months' period, it shall be subject to a penalty of ten per centum of the amount of the interest due for such period, which penalty shall be settled and collected by the Department of Revenue as other claims against debtors of the Commonwealth are settled and collected, and shall be paid into the General Fund of the State Treasury.
Credits
1929, April 9, P.L. 343, No. 176, art. XVII, § 1719. Amended 1931, June 1, P.L. 318, No. 143, § 1.
Footnotes
72 P.S. § 304.
72 P.S. § 1719, PA ST 72 P.S. § 1719
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
| End of Document |