2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 73 - Municipalities Investments
7310.1 - Further investment authority.

     § 7310.1.  Further investment authority.
        Unless a contrary intent is clearly expressed in the
     instrument, the authority to invest in specified types of
     investments will include authorization to invest in the stock of
     any investment company as defined in this chapter, or in any
     common or collective trust fund established and maintained by a
     corporate fiduciary, or by any affiliate of a corporate
     fiduciary within the meaning of section 1504 of the Internal
     Revenue Code of 1954 (68A Stat. 3, 26 U.S.C. § 1504), or any
     successor provision, if the portfolio of the investment company
     or of the common or collective trust fund consists of such
     specified types of investments and is otherwise in conformity
     with the laws of the Commonwealth and of the United States.
     (July 14, 1988, P.L.553, No.99, eff. imd.)

        1988 Amendment.  Act 99 added section 7310.1.

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