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§ 3795. Additional security may be required

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal Affairs

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 3. State Fiscal Affairs in General (Refs & Annos)
State Deposits and Depositories (Refs & Annos)
Bond of Depositories
72 P.S. § 3795
§ 3795. Additional security may be required
Currentness
The state treasurer of Pennsylvania, in addition to the security now required by law from any bank, banking institution or trust company, in which the funds of the state are deposited, may require such bank, banking institution or trust company, in which the said money shall be deposited, to furnish United States government bonds, the bonds of a state, city, county or other municipality, or such other bonds as the board of revenue commissioners1 may approve, as collateral security for the funds of the state deposited therein.

Credits

1905, April 17, P.L. 183, § 1.

Footnotes

1
Now Board of Finance and Revenue in the Treasury Department. See 71 P.S. §§ 12 and 62.
72 P.S. § 3795, PA ST 72 P.S. § 3795
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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