Pennsylvania § 2310.1 - Delegation.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 2310.1 — Delegation., with citation guidance and answers to common questions.
§ 2310.1. Delegation.
For loans authorized under section 2306 (relating to capital development loans), 2307 (relating to EDA loans), 2308 (relating to loans in distressed communities), 2309 (relating to pollution prevention assistance loans) or 2310 (relating to export financing loans), the board may delegate the review and approval of applications totaling less than $200,000 to the authorized staff of the authority by adopting a resolution authorizing the delegation, subject to any conditions established by the board. The resolution must do all of the following:
(1) Enumerate the qualifications and training required for authority staff to be authorized to review and approve applications.
(2) Set loan guidelines and underwriting standards for the authorized staff to follow during the review and approval of applications.
(3) Require authorized staff to provide a monthly report to the board of all actions to a pending or approved application taken during the reporting period.
(Oct. 22, 2014, P.L.2569, No.161, eff. Nov. 1, 2014)
2014 Amendment. Act 161 added section 2310.1.
Frequently Asked Questions About Pennsylvania § 2310.1
What does Pennsylvania Consolidated Statutes § 2310.1 cover?
Section 2310.1 ("Delegation.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 2310.1?
A common citation format is "Pennsylvania Consolidated Statutes § 2310.1" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 2310.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.