Real estate located in Pennsylvania, other than ground rents, shall be an authorized investment if the court, upon petition, aided if necessary by the report of a master, and being of the opinion that the investment will be for the advantage of the estate and that no change will be made in the course of succession by the investment, shall direct such investment.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 73 - Municipalities Investments
Section 7301 - Definition of fiduciary
Section 7302 - Authorized investments; in general
Section 7303 - Government obligations
Section 7304 - Obligations of Federal organizations
Section 7305 - Obligations of Pennsylvania governmental organizations
Section 7307 - Corporate bonds
Section 7309 - Fractional interests
Section 7310.1 - Further investment authority
Section 7313 - Interest-bearing deposit
Section 7314 - Common trust fund and mortgage investment fund
Section 7315 - Retention of investments
Section 7315.1 - Retention of cash; temporary investments
Section 7316 - Life insurance, building and loan shares, and similar assets
Section 7317 - Investments which become unauthorized