There is a newer version
of
this Section
2017 Pennsylvania Consolidated Statutes
Title 53 - MUNICIPALITIES GENERALLY
Chapter 81 - Incurring Debt and Issuing Bonds and Notes
Section 8123 - Maturity date and time of payment of interest
Universal Citation: 53 PA Cons Stat § 8123 (2017)
§ 8123. Maturity date and time of payment of interest.
No tax anticipation notes shall be stated to mature beyond the last day of the fiscal year in which the tax anticipation notes are issued. Interest on tax anticipation notes from the date thereof shall be payable at the maturity of the notes or payable in installments at such earlier dates and at such annual rate or rates determined by the governing body of the local government unit.
Cross References. Section 8123 is referred to in section 8124 of this title.
Disclaimer: These codes may not be the most recent version. Pennsylvania may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
