§ 11701.256. Exit plan
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 53 P.S. Municipal and Quasi-Municipal CorporationsEffective: December 30, 2014
Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 53 P.S. Municipal and Quasi-Municipal Corporations
Part I. General Municipal Law
Chapter 30E. Municipalities Financial Recovery Act (Refs & Annos)
Chapter 2. Municipal Financial Distress (Refs & Annos)
Subchapter C.1. Duration of Distressed Status (Refs & Annos)
Effective: December 30, 2014
53 P.S. § 11701.256
§ 11701.256. Exit plan
(a) General rule.--If recommended in a final report under section 255,1 the coordinator shall within 90 days of the public meeting referred to in section 255 or the filing of the final report under section 255(e)(4), whichever is later, prepare an exit plan for the municipality. The exit plan shall be subject to the same filing, notice, public meeting and revision procedures as specified in section 255.
(3) The execution, approval, modification, rejection, renegotiation or termination of contracts or agreements of the distressed municipality, provided, however, that the provisions of section 2522 shall apply to any exit plan adopted in accordance with this subchapter.
(2) If the ordinance takes effect in a municipality operating under an optional plan form of government or a home rule charter, the chief executive officer shall issue an order directing the implementation of the plan no later than seven days from the enactment of the ordinance by the governing body.
(3) If the governing body fails to adopt and implement the plan, the secretary shall, upon a written determination by the coordinator, request that the Governor make a determination of a fiscal emergency in accordance with Chapter 6.3
(4) The requirements of this subsection shall be suspended if the coordinator first provides a recommendation to the secretary that the municipality should be disincorporated under Chapter 4.4
Credits
1987, July 10, P.L. 246, No. 47, § 256, added 2014, Oct. 31, P.L. 2983, No. 199, § 19, effective in 60 days [Dec. 30, 2014].
Footnotes
53 P.S. § 11701.255.
53 P.S. § 11701.252.
53 P.S. § 11701.601 et seq.
53 P.S. § 11701.431 et seq.
53 P.S. § 11701.256, PA ST 53 P.S. § 11701.256
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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