25 Pa. Code § 401.51. Loans and grants.

LOANS AND GRANTS

§ 401.51. Loans and grants.

Each year the Board may authorize up to 1% of the Fund’s Unreserved Fund Balance, as declared by the Board under section 10(c) of the act (52 P. S. §  3210(c)), to be used to provide loans and grants to entities that develop technologies, perform services or engage in other activities that benefit the Fund by improving its ability to provide mine subsidence insurance coverage or to improve the efficiency, economy and effectiveness of the Fund’s operations.

Authority

   The provisions of this §  401.51 issued under the act of August 23, 1961 (P. L. 1068, No. 484) (52 P. S. §  3219).

Source

   The provisions of this §  401.51 adopted December 11, 2009, effective December 12, 2009, 39 Pa.B. 6953.

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