Use - 64 Pa. Cons. Stat. § 1544

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     § 1544.  Use.
        (a)  General rule.--Money of the authority shall be used by
     the board to fund the programs established in Subchapter E
     (relating to programs) and in 12 Pa.C.S. Ch. 29 (relating to
     machinery and equipment loans).
        (b)  Transfer.--By December 31, 2006, the authority shall
     transfer in the aggregate $75,000,000 to the department for
     deposit in the account created by 12 Pa.C.S. § 2904 (relating to
     Machinery and Equipment Loan Fund).
        (c)  Administrative expenses.--The authority may use moneys,
     including the proceeds of bonds, to pay the administrative
     expenses of the authority and of the department incurred under
     this chapter.

Last modified: November 27, 2007