BANK FUNDS FOR BUR. OF STATE LOTTERIES


55 Pa. D. & C. 2d 197 (1972)

Bank Funds for Bureau of State Lotteries

Common Pleas Court of Philadelphia County, Pennsylvania.

February 28, 1972.


CREAMER, Attorney General, February 28, 1972.

You have requested our opinion as to whether banking institutions which will be serving as safekeeping facilities for the Bureau of State Lotteries in the Department of Revenue are State depositories and, therefore, required to collateralize the amounts they receive under sections 1, 5 and 7 of the Act of February 17, 1906, P. L. 45, 72 PS §§ 3771, 3791, and...

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