Pennsylvania Department of Justice March 27, 1925 (Trust Companies as Sureties)

Brown, Dep. Att’y-Gen.,

I have been informed that you desire an opinion on the question as to whether trust companies may act as surety on the bonds of banks and trust companies in this State which must file bonds in order to qualify to become depositories of the money of the Commonwealth.

Prior to the passage of the Act of May 16, 1923, P. L.