53 Pa. Stat. § 5501

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 5501 - Common trust funds; establishment authorized

Any city of this Commonwealth, now or hereafter charged with the administration of any charitable use or trust or of the estate of any minor of which it may be guardian, may establish and maintain one or more common trust funds for the collective investment and reinvestment of the moneys of any such charitable use or trust or any such estate.

53 P.S. § 5501

1951, July 19, P.L. 1084, § 1.