§ 8559. Judgments against self-insured local agency and those not fully insured.
159 words·~1 min read·
/pa/title-42/chapter-85/8559A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 8559. Judgments against self-insured local agency and those not fully insured.
For the payment of any judgment obtained under the provisions of this subchapter against a local agency that is a self-insurer or not fully covered by liability insurance, the manner of paying a money judgment shall be based upon a proof of indebtedness or evidence of any estimated tax levy necessary for payment of the judgment and any other evidence or statements which the court of original jurisdiction may require. As an alternative to paying the money judgment in this manner, the court may provide for the judgment to be paid over a period of not less than one nor more than ten years.
The interest rate on any judgment where payment is extended more than three years shall be at the rate prescribed by law for the first three years and at the rate of 6% for each remaining year.
42c8563h
POWERS OF LOCAL AGENCIES
42c8563s