§ 726. Judicial adjustment award proceedings.
120 words·~1 min read·
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§ 726. Judicial adjustment award proceedings.
(a)Notice.-- The commissioners appointed under section 725(e) (relating to adjustment of indebtedness) shall give the impacted municipalities at least five days' notice of the filing of the report under section 725(f).
(b)Exceptions.-- If exceptions are filed to the report made under section 725(f), the court shall dispose of the exceptions and shall enter its decree confirming or modifying the award.
(c)Confirmation.-- Unless exceptions are filed to the report within 30 days after the date of the filing, the report shall be confirmed by the court and the court shall issue an appropriate order effectuating the report.
53c726v
Cross References. Section 726 is referred to in section 724 of this title.
53c727s