72 Pa. Stat. § 1706

Current through Pa Acts 2024-53, 2024-56 through 2024-111

Section 1706 - Failure of foreign building and loan association to pay tax on matured stock held by residents of Pennsylvania

Any foreign building and loan association which shall fail, within thirty days after demand by the Department of Revenue, to pay the tax imposed by law upon full-paid, prepaid, and fully matured, or partly matured, stock in such association, held by residents of Pennsylvania, entitled to receive cash dividends or interest, shall forfeit its right to transact business in this State.

72 P.S. § 1706

1929, April 9, P.L. 343, art. XVII, § 1706.