Section 1710.1. Penalty for Failure of an Officer to Establish an Interest-bearing Account.--Any judicial officer of a court not of record, city officer, or county officer who shall refuse or neglect, when required by the Secretary of Revenue, to establish a Federally insured interest-bearing account in any bank or savings and loan association and to deposit all moneys received for the use of or on behalf of the Commonwealth shall be personally liable for a penalty of one per centum per month or fraction thereof on the moneys collected for the period during which said account is not established and said funds are not deposited therein.
(1710.1 added Dec. 2, 1976, P.L.2174, No.283 and repealed in part Apr. 28, 1978, P.L.202, No.53)
Compiler's Note: Section 2(a) of Act 53 of 1978 provided that the partial repeal of section 1710.1 shall take effect upon the promulgation of the initial regulations under 42 Pa.C.S. § 3502(a) (relating to financial regulations) applicable to the making of remittances by district justices.