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Investment and operation of fund - 9 Pa. Cons. Stat. § 307

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     § 307.  Investment and operation of fund.
        The permanent lot care fund shall be invested by the
     qualified trustee in the manner authorized for fiduciaries by
     the Fiduciaries Investment Act of 1949, and the qualified
     trustee, if an institutional trustee, shall pay semiannually the
     net income of the fund to the cemetery company for the purposes
     set forth in this chapter.

        References in Text.  The Fiduciaries Investment Act of 1949,
     referred to in this section, was repealed June 30, 1972,
     P.L.508, No.164, effective July 1, 1972. The subject matter is
     now contained in Chapter 73 of Title 20 (Decedents, Estates and
     Fiduciaries).

Last modified: November 27, 2007