Section 29.2. Treasury Tax and Loan Account

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Funds made available to an institution by the United States Treasury as a note option under the provisions of the Tax and Loan Account Law, 91 Stat. 1227 (1977) are defined as ‘‘Other Liabilities’’ and does not constitute borrowing of money.

The provisions of this § 29.2 adopted June 16, 1978, effective June 17, 1978, 8 Pa.B. 1616.

                    
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