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§ 390.703. Authority to borrow

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 61 P.S. Penal and Correctional Institutions

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 61 P.S. Penal and Correctional Institutions (Refs & Annos)
Chapter 4A. Prison Facilities Improvement Act
Chapter 7. Incurring Indebtedness for County Prisons
61 P.S. § 390.703
§ 390.703. Authority to borrow
In the event that the question of incurring indebtedness, as described in section 702, is approved by a majority of those voting on the question in accordance with section 7(a)(3) of Article VIII of the Constitution of Pennsylvania, the Governor, Auditor General and State Treasurer are hereby authorized and directed to borrow, on the credit of the Commonwealth, such sum or sums of money not exceeding in the aggregate the sum of $200,000,000, as may be necessary to carry out the purposes of this chapter.

Credits

1990, July 1, P.L. 315, No. 71, § 703, imd. effective.
61 P.S. § 390.703, PA ST 61 P.S. § 390.703
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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