12 Pennsylvania Consolidated Statutes Chapter 29 - Machinery And Equipment Loans

• Chapter Notes
• Section 2901 - Scope
  This chapter relates to the Machinery and Equipment Loan Program. Effective Date. Section 6(1)(i) of Act 12 of 2004 provided that section 2901 shall...
• Section 2902 - Definitions
  The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly...
• Section 2903 - Establishment
  There is established a program to be known as the Machinery and Equipment Loan Program. The program shall be administered by the authority and...
• Section 2904 - Machinery And Equipment Loan Fund
  (a) Creation.--There is created a special account in the Treasury Department, to be known as the Machinery and Equipment Loan Fund, to which shall...
• Section 2905 - Eligibility For Loans; Terms And Conditions
  (a) Loans; general rules.--The authority may make advances from the fund, subject to the terms, conditions and restrictions provided under this chapter, for the...
• Section 2906 - Application And Administration
  (a) Procedures.--Application and administration procedures for fund loans shall be established by the authority under 64 Pa.C.S. § 1121 (relating to common application process)....
• Section 2907 - Powers Of Authority
  The authority shall have and may exercise all powers and authority necessary to the proper administration and implementation of this chapter and shall have...
• Section 2908 - Reporting And Inspection
  (a) Inspection.--Each business enterprise which applies for or receives assistance under this chapter, upon reasonable request of the authority, shall permit duly authorized employees...
• Section 2909 - Nondiscrimination (Deleted By Amendment)
  § 2909. Nondiscrimination (Deleted by amendment). 2014 Amendment. Section 2909 was deleted by amendment October 22, 2014, P.L.2569, No.161, effective November 1, 2014.
• Section 2910 - Conflict Of Interest (Deleted By Amendment)
  § 2910. Conflict of interest (Deleted by amendment). 2014 Amendment. Section 2910 was deleted by amendment October 22, 2014, P.L.2569, No.161, effective November 1,
• Section 2911 - Reports To General Assembly
  (a) Annual reports.--On or before September 1 of each year, the authority shall provide a report to the Secretary of the Senate and to...
• Section 2912 - Guidelines
  The authority shall develop written guidelines for the implementation of this chapter. (Oct. 22, 2014, P.L.2569, No.161, eff. Nov. 1, 2014)

Last modified: October 8, 2016