Termination

Act 176 of 1929, § 1714-A.1, under THE FISCAL CODE.

Act 176 of 1929, § 1714-A.1

Section 1714-A.1. Termination.

(a) Termination.--The accounts shall terminate and close January 1, 2015.

(b) Transfer of assets.--Notwithstanding Chapter 3 of the Tobacco Settlement Act or other law to the contrary, all assets, nonliquid investments, contractually obligated money, return on investments and any other money or assets in the accounts shall be retained in the accounts until distributed under section 1715-A.1.

(c) Investments.--Beginning July 1, 2014, the board shall not enter into any partnerships or investments.

(1714-A.1 added July 10, 2014, P.L.1053, No.126)