Cancellation of Federal Preemption

Act 284 of 1972, § 611, under PENNSYLVANIA SECURITIES ACT OF 1972.

Act 284 of 1972, § 611

Section 611. Cancellation of Federal Preemption.--Under the authority of section 6(c) of the Philanthropy Protection Act of 1995 (Public Law 104-62, 15 U.S.C. § 80a-3a(c)), on and after the effective date of this section, section 6 of the Philanthropy Protection Act of 1995 shall not preempt the laws of this Commonwealth referred to in section 6 of the Philanthropy Protection Act of 1995. This preemption shall apply to all administrative and judicial actions commenced on or after the effective date of this section.

(611 added Nov. 24, 1998, P.L.829, No.109)