Treasurer McCord Asks Federal Court to Wait for State Resolution of Penn State/NCAA Case
Treasurer also cites his responsibility to keep university funds in stateHarrisburg – State Treasurer Rob McCord today asked a federal court to refrain from considering the National Collegiate Athletic Association’s (NCAA) lawsuit challenging control of Penn State University sanction funds until related pending state and federal court proceedings are resolved. McCord also signaled his intention to defend vigorously the state legislature’s attempt to spend those funds on sex abuse victim and prevention programs within Pennsylvania. McCord is among several defendants in the NCAA’s suit,