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§ 2511.504. Limitations

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. EducationEffective: September 4, 2012

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 24 P.S. Education
Chapter 4. Commonwealth Higher Education Modernization Act (Refs & Annos)
Chapter 5. Relations with Private Affiliated Entities
Effective: September 4, 2012
24 P.S. § 2511.504
§ 2511.504. Limitations
(a) General rule.--Nothing in this chapter shall be construed as authorizing or granting power to an affiliated entity at any time or in any manner to enter into any transactions or any agreements on behalf of the system or a State-owned university.
(b) No liability for debts of affiliated entity.--Neither the system nor a State-owned university shall be responsible for the payment of any debts or satisfaction of any obligations incurred by an affiliated entity.

Credits

2012, July 5, P.L. 962, No. 104, § 504, effective in 60 days [Sept. 4, 2012].
24 P.S. § 2511.504, PA ST 24 P.S. § 2511.504
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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