Pennsylvania Code (Last Updated: April 5, 2016) |
Title 12. COMMERCE, TRADE AND LOCAL GOVERNMENT |
PART V. Community Affairs and Development |
Subpart B. Community Empowerment |
Chapter 133. Community Action Agencies Program |
Section 133.37. Excess grant funds
Latest version.
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Grant funds in excess of two-months operating costs shall be handled in accordance with the following:
(1) Placed in a savings account, where interest earned shall be submitted to the grantor as received and interest checks shall be made payable to Commonwealth of PennsylvaniaDepartment of Community and Economic Development.
(2) Transferred back into a checking account as needed.