Document Citation: 7 P.S. § 6020-5

Header:
PENNSYLVANIA STATUTES
TITLE 7. BANKS AND BANKING
MISCELLANEOUS LAWS
CHAPTER 51A. SAVINGS ASSOCIATION CODE OF 1967
ARTICLE I. GENERAL PROVISIONS

Date:
08/31/2009

Document:
§ 6020-5. Emergency powers

In the event a nuclear attack or other disaster results in the declaration of an emergency an association may during the continuance of such emergency, without regard to any restriction or limitation of this act, take any action to preserve the assets of the association and to continue or resume its business, including any action to obtain the benefit of, or participate in, emergency action authorized by the Federal government.