Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
Title53 MUNICIPALITIES GENERALLY |
PARTVII. TAXATION AND FISCAL AFFAIRS |
SUBPARTB. INDEBTEDNESS AND BORROWING |
CHAPTER81. INCURRING DEBT AND ISSUING BONDS AND NOTES |
SUBCHAPTER A. GENERAL PROVISIONS |
§ 8101. Combining projects for financing or series of bonds or notes for sale. |
§ 8102. Preliminary authorizations as to financing. |
§ 8103. Ordinance authorizing issuance of bonds or notes or instruments evidencing lease rental debt. |
§ 8104. Covenant to pay bonds or notes or a guaranty. |
§ 8105. Additional provisions in ordinance authorizing issuance of revenue or guaranteed revenue bonds or notes. |
§ 8106. Sinking fund depository and trustee for bondholders or noteholders. |
§ 8107. Award of bonds or notes. |
§ 8108. Bond anticipation notes. |
§ 8109. Small borrowing for capital purposes. |
§ 8110. Debt statement. |
§ 8111. Submission to department. |
§ 8112. Agreements with bondholders or noteholders. |
§ 8113. Lost, stolen, destroyed or mutilated bonds or notes. |
§ 8114. Evidence of signatures of holders and of ownership of bonds, notes and tax anticipation notes. |
§ 8115. Contractual effect of ordinances and resolutions. |
§ 8116. Unfunded actuarial accrued liability - condition precedent. |
SUBCHAPTER B. TAX ANTICIPATION NOTES AND FUNDING DEBT |
§ 8121. Power to issue tax anticipation notes. |
§ 8122. Limitation on amount of tax anticipation notes. |
§ 8123. Maturity date and time of payment of interest. |
§ 8124. Other terms of tax anticipation notes. |
§ 8125. Security for tax anticipation notes and sinking fund. |
§ 8126. Certification as to taxes and revenues to be collected. |
§ 8127. Sale of tax anticipation notes. |
§ 8128. Condition precedent to validity of tax anticipation notes. |
§ 8129. Scope of unfunded debt. |
§ 8130. Approval by court to fund unfunded debt. |
SUBCHAPTER C. PROVISIONS OF BONDS AND NOTES |
§ 8141. Form of bonds or notes. |
§ 8142. Limitations on stated maturity dates. |
§ 8143. Disposition of proceeds notwithstanding certain limitations. |
§ 8144. Number of interest rates. |
§ 8145. Place and medium of payment. |
§ 8146. Execution of bonds or notes. |
§ 8147. Pledge of revenues. |
§ 8148. Deeds of trust and other agreements with bondholders and noteholders. |
§ 8149. Negotiable qualities of bonds and notes. |
§ 8150. Temporary bonds or notes or interim receipts. |
SUBCHAPTER D. SALE OF BONDS AND NOTES |
§ 8161. Manner of sale of bonds or notes. |
§ 8162. Contents of public advertisement and of official notice of sale. |
§ 8163. Proposals for purchase. |
§ 8164. Opening of bids. |
§ 8165. Determination of highest and best bid. |
§ 8166. Required bid security. |
§ 8167. Reserved right to reject bids. |
§ 8168. Failure to receive conforming bid. |
§ 8169. Determination of net interest cost and net interest rate. |
Notation
Enactment. Chapter 81 was added December 19, 1996, P.L.1158, No.177, effective 60 days.