Pennsylvania § 14307 Trust for benefit of police pension fund

Pennsylvania Statutes

§ 14307 — Trust for benefit of police pension fund

Pennsylvania § 14307

JurisdictionPennsylvania

Title 11CITIES

PartPART V

Ch. 143PENSIONS

Subch.POLICE

This text of Pennsylvania § 14307 (Trust for benefit of police pension fund) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

11 Pa. Cons. Stat. § 14307 (2026).

Text

By gift, grant, devise or bequest, a city may take money or real, personal or mixed property in trust for the benefit of the pension fund. The care, management, investment and disposal of the body of the trust shall be vested in the officer or officers of the city for the time the council designates. The care, management and disposal shall be directed by ordinance and the body of the trust shall be governed by the ordinance, subject to the directions that are not inconsistent with the ordinance, as the settlor of the trust may prescribe.

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By gift, grant, devise or bequest, a city may take money or real, personal or mixed property in trust for the benefit of the pension fund. The care, management, investment and disposal of the body of the trust shall be vested in the officer or officers of the city for the time the council designates. The care, management and disposal shall be directed by ordinance and the body of the trust shall be governed by the ordinance, subject to the directions that are not inconsistent with the ordinance, as the settlor of the trust may prescribe.