Custody of and Payments from Fund

Act 15 of 1974, § 109, under PENNSYLVANIA MUNICIPAL RETIREMENT LAW.

Act 15 of 1974, § 109

Section 109. Custody of and Payments from Fund.--All moneys and securities in the fund shall be placed in the custody of the State Treasurer for safekeeping, and all payments on account of retirement allowances shall be made on requisition signed by the chairman and secretary of the board.