PRINTER'S NO. 3794
No. 2846 Session of 1992
INTRODUCED BY COY, MARKOSEK, WAMBACH, COLE, COWELL, KOSINSKI,
TELEK, TRELLO, BILLOW, ROEBUCK, SCHULER, BATTISTO, DEMPSEY,
MELIO, RUDY, HARPER, STABACK, KRUSZEWSKI, STEIGHNER,
ROBINSON, BELFANTI, CESSAR, PISTELLA, VEON, LINTON, JOHNSON,
KING AND PETRARCA, JUNE 16, 1992
REFERRED TO COMMITTEE ON EDUCATION, JUNE 16, 1992
AN ACT
1 Amending the act of May 27, 1893 (P.L.171, No.118), entitled, as
2 amended, "An act providing for the acquisition of land and
3 the erection, equipment, management, and operation of the
4 Scotland School for Veterans' Children; the maintenance of
5 children admitted thereto, and regulating the admissions to
6 and discharges from the said Scotland School for Veterans'
7 Children," further providing for the obligations of the
8 superintendent as trustee.
9 The General Assembly of the Commonwealth of Pennsylvania
10 hereby enacts as follows:
11 Section 1. The introductory paragraph and clause (1) of
12 section 12.1 of the act of May 27, 1893 (P.L.171, No.118),
13 entitled, as amended, "An act providing for the acquisition of
14 land and the erection, equipment, management, and operation of
15 the Scotland School for Veterans' Children; the maintenance of
16 children admitted thereto, and regulating the admissions to and
17 discharges from the said Scotland School for Veterans'
18 Children," amended or added June 28, 1957 (P.L.413, No.226) and
19 November 5, 1971 (P.L.502, No.115), are amended to read:
1 Section 12.1. The superintendent of the school shall act as
2 a trustee, without application to any court, of the estate of
3 each child of the school[, for whom a guardian has not been
4 appointed, and]. The estate of the child and any funds therein
5 shall be considered, for purposes of the State Insurance Fund,
6 Commonwealth-owned property. The superintendent shall have the
7 following duties and powers in connection therewith:
8 [(1) He shall execute and file a separate corporate surety
9 bond which shall be in the name of the Commonwealth in the
10 amount of one hundred thousand dollars conditioned for the
11 proper application of funds held by him as such trustee. The
12 said bond shall be subject to the approval of the attorney
13 general. The cost of said bond shall be borne by the
14 Commonwealth.]
15 (1) He shall obtain insurance adequate to cover the sum of
16 the student funds held by him as trustee. This obligation may be
17 satisfied through the coverage of insurance plans available
18 through the Commonwealth. If not available through the
19 Commonwealth, the insurance may be obtained commercially:
20 Provided, That the policy is adequate to cover the sum of the
21 student accounts. The cost of such commercial insurance shall be
22 borne by the Commonwealth.
23 * * *
24 Section 2. This act shall take effect in 60 days.
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