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§ 219. Bond issues and taxation

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 8 Pa.C.S.A. Boroughs and Incorporated TownsEffective: June 17, 2014

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 8 Pa.C.S.A. Boroughs and Incorporated Towns
Part I. Boroughs (Refs & Annos)
Chapter 2. Creation and Alteration (Refs & Annos)
Subchapter A. Incorporation (Refs & Annos)
Effective: June 17, 2014
8 Pa.C.S.A. § 219
Formerly cited as PA ST 53 P.S. § 45219
§ 219. Bond issues and taxation
In any proceeding to adjust and apportion indebtedness, the township or the borough shall have power to issue and deliver to the borough or township interest-bearing bonds in liquidation of the indebtedness ascertained, to be its proportionate share payable, if the bonds are acceptable to the borough or township or townships entitled to receive the bonds. The court may make necessary orders for the collection and payment by the township or townships or borough of the amount needed to pay its share of any indebtedness apportioned to it by special taxes to be collected in one year or by annual installments.

Credits

2014, April 18, P.L. 432, No. 37, § 1, effective in 60 days [June 17, 2014].
8 Pa.C.S.A. § 219, PA ST 8 Pa.C.S.A. § 219
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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