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§ 6-662-A. Vote to proceed

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. EducationEffective: July 12, 2012

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 24 P.S. Education
Chapter 1. Public School Code of 1949 (Refs & Annos)
Article VI-a. School District Financial Recovery (Refs & Annos)
Subarticle (c). School District Financial Recovery
(v) Process for Severe Financial Recovery School Districts
Effective: July 12, 2012
24 P.S. § 6-662-A
§ 6-662-A. Vote to proceed
Currentness
(a) General rule.--Within 14 days following a declaration of financial recovery status under section 621-A,1 the board of school directors of a school district to which this subdivision applies shall, at a regular or special meeting of the board of school directors, adopt by majority vote a resolution electing to proceed with one of the following:
(1) cooperation with the chief recovery officer appointed under Subdivision (ii)2 and development, approval and implementation of a financial recovery plan under sections 663-A and 664-A;3 or
(2) the appointment of a receiver under Subdivision (vi).4
(b) Effect of failure to vote.--Any failure by the board of school directors to hold a vote under this section within 14 days shall be deemed a vote to proceed with the appointment of a receiver.
(c) Receivership.--Where the board of school directors votes to proceed with the appointment of a receiver under subsection (a)(2) or fails to hold a vote under subsection (a), the secretary shall file a petition for the appointment of a receiver under section 671-A(a)5 by the earlier of the following:
(1) five days following the vote of the board of school directors to proceed with the appointment of a receiver; or
(2) nineteen days following the declaration of financial recovery status.

Credits

1949, March 10, P.L. 30, No. 14, art. VI-A, § 662-A, added 2012, July 12, P.L. 1142, No. 141, § 10, imd. effective.

Footnotes

1
24 P.S. § 6-621-A.
2
24 P.S. § 6-631-A et seq.
3
24 P.S. §§ 6-663-A, 6-664-A.
4
24 P.S. § 6-671-A et seq.
5
24 P.S. § 6-671-A.
24 P.S. § 6-662-A, PA ST 24 P.S. § 6-662-A
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document