Pennsylvania § 307 Investment and operation of fund

Pennsylvania Statutes

§ 307 — Investment and operation of fund

Pennsylvania § 307

Title 9BURIAL GROUNDS

Ch. 3REGULATION OF CEMETERY COMPANIES

This text of Pennsylvania § 307 (Investment and operation of 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

9 Pa. Cons. Stat. § 307 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

References in Text.The Fiduciaries Investment Act of 1949, referred to in this section, was repealed June 30, 1972 (P.L.508, No.164), effective July 1, 1972.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).