Funds and Accounts

Act 621 of 1959, § 503-A, under HOUSING FINANCE AGENCY LAW.

Act 621 of 1959, § 503-A

Section 503-A. Funds and Accounts.--The agency shall create such funds and accounts as may be necessary or desirable for its corporate purposes and shall pay into each such fund or account any moneys appropriated and made available by the Commonwealth for the purposes of such fund or account. Nothing contained herein shall be construed as prohibiting the agency from creating within any fund one or more accounts which may be used or pledged by the agency for a specific purpose.

(503-A amended Apr. 7, 1976, P.L.73, No.33)