§ 729 — Bond issues

Pennsylvania § 729

• Jurisdiction: Pennsylvania
• Title 53: MUNICIPALITIES GENERALLY
• Part: PART II
• Ch. 7: ALTERATION OF TERRITORY OR CORPORATE
• Subch.: MUNICIPAL BOUNDARY CHANGE

Text

In a proceeding to adjust and apportion indebtedness, a municipality shall have power to issue and deliver interest-bearing bonds in liquidation of the indebtedness ascertained, to be its proportionate share payable, if the bonds are acceptable to the municipality entitled to receive the bonds. The court may make necessary orders for the collection and payment.

Legislative History

Cross References.Section 729 is referred to in section 724 of this title.