§ 2403. Issue of bonds where water system acquired
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 8 Pa.C.S.A. Boroughs and Incorporated TownsEffective: June 17, 2014
Effective: June 17, 2014
8 Pa.C.S.A. § 2403
Formerly cited as PA ST 53 P.S. § 47403
§ 2403. Issue of bonds where water system acquired
Where the price and terms are agreed upon, a borough may become the owner of and operate any water system owned and operated by a corporation furnishing water within the acquiring borough and in nearby municipal corporations. The borough may pay for the water system from the revenues derived from general obligation bonds or utility bonds issued in the manner provided by 53 Pa.C.S. Pt. VII Subpt. B (relating to indebtedness and borrowing).1
Credits
2014, April 18, P.L. 432, No. 37, § 1, effective in 60 days [June 17, 2014].
Footnotes
53 Pa.C.S.A. § 8001 et seq.
8 Pa.C.S.A. § 2403, PA ST 8 Pa.C.S.A. § 2403
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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