§ 2510-209. Issuance of bonds tax exempt within the Commonwealth
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. Education
24 P.S. § 2510-209
§ 2510-209. Issuance of bonds tax exempt within the Commonwealth
(b) The university shall have no power at any time or in any manner to pledge the credit or the taxing power of the Commonwealth of Pennsylvania or any political subdivision nor shall any of its obligations be deemed to be obligations of the Commonwealth of Pennsylvania or of any of its political subdivisions, nor shall the Commonwealth of Pennsylvania or any political subdivision thereof be liable for the payment of principal of or interest on such obligations.
Credits
1966, Special Sess. No. 3, July 28, P.L. 87, § 9.
24 P.S. § 2510-209, PA ST 24 P.S. § 2510-209
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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