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§ 669.12. Application of proceeds of obligations; lien of holders of obligations

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 36 P.S. Highways and Bridges

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 36 P.S. Highways and Bridges
Chapter 1. State Highway System Generally (Refs & Annos)
Turnpikes (Refs & Annos)
Pennsylvania Turnpike Southwestern Extension Act
36 P.S. § 669.12
§ 669.12. Application of proceeds of obligations; lien of holders of obligations
All moneys received from any bonds, notes or other obligations issued pursuant to this act shall be applied solely to the payment of the cost of the turnpike or to the appurtenant fund, and there shall be and hereby is created and granted a lien upon such moneys, until so applied, in favor of holders of such bonds, notes or other obligations or the trustee hereinafter provided for in respect to such bonds, notes or other obligations.

Credits

1955, June 14, P.L. 174, § 12.
36 P.S. § 669.12, PA ST 36 P.S. § 669.12
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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