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Pennsylvania Code (Last Updated: April 5, 2016) |
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Title 22. EDUCATION |
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PART IX. State Library and Advisory Council on Library Development |
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Subpart A. State Library |
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Chapter 131. General Provisions; State Aid |
Section 131.61. Investments
Latest version.
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Funds invested for library income may not be included as part of local financial effort. The investments include the purchase of stocks, bonds, long and short term notes, real estate acquired for income purposes, deposits in savings accounts or savings and loan associations, or other purchases for income or capital appreciation.