Pennsylvania § 1762 Special funds

Pennsylvania Statutes

§ 1762 — Special funds

Pennsylvania § 1762

JurisdictionPennsylvania

Title 74TRANSPORTATION

PartPART II

Ch. 17METROPOLITAN TRANSPORTATION AUTHORITIES

Subch.FUNDS AND BONDS OF AUTHORITIES

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Bluebook

74 Pa. Cons. Stat. § 1762 (2026).

Text

An authority, under resolutions adopted from time to time by the board, may establish and create such special funds as may be found desirable by the board and, in and by such resolutions, may provide for payments into all special funds from specified sources with such preferences and priorities as may be deemed advisable and may provide for the custody, disbursement and application of any moneys in any such special funds consistent with the provisions of this subchapter and consistent with generally accepted accounting principles.

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An authority, under resolutions adopted from time to time by the board, may establish and create such special funds as may be found desirable by the board and, in and by such resolutions, may provide for payments into all special funds from specified sources with such preferences and priorities as may be deemed advisable and may provide for the custody, disbursement and application of any moneys in any such special funds consistent with the provisions of this subchapter and consistent with generally accepted accounting principles.