20 Pa.C.S. ch. 73 – Municipalities Investments | Midpage

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Pennsylvania Consolidated Statutes

Chapter 73

20 Pa.C.S. ch. 73

Municipalities Investments

7301Definition of fiduciary 7302Authorized investments; in general 7303Government obligations 7304Obligations of Federal organizations 7305Obligations of Pennsylvania governmental organizations 7306Obligations of governmental organizations existing pursuant to the laws of Pennsylvania, other states and the District of Columbia 7307Corporate bonds 7308Mortgages 7309Fractional interests 7310Stocks 7310.1Further investment authority 7311Real estate 7312Ground rent 7313Interest-bearing deposit 7314Common trust fund and mortgage investment fund 7314.1Mutual funds 7315Retention of investments 7315.1Retention of cash; temporary investments 7316Life insurance, building and loan shares, and similar assets 7317Investments which become unauthorized 7318Court direction 7319Directions of testator or settlor