§ 42208. Limit on city borrowing
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 53 P.S. Municipal and Quasi-Municipal CorporationsEffective: October 24, 2018
Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 53 P.S. Municipal and Quasi-Municipal Corporations
Part V. Cities of the Third Class (Refs & Annos)
Chapter 85. Intergovernmental Cooperation Authorities Act for Cities of the Third Class
Chapter 2. Intergovernmental Cooperation Authorities for Cities of the Third Class
Effective: October 24, 2018
53 P.S. § 42208
§ 42208. Limit on city borrowing
An assisted city and its corporate entities may not borrow or receive funds for any lawful purpose unless the assisted city has entered into an intergovernmental cooperation agreement with the authority and there is an approved financial plan in effect.
Credits
2018, Oct. 24, P.L. 751, No. 124, § 208, imd. effective.
53 P.S. § 42208, PA ST 53 P.S. § 42208
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
| End of Document |