§ 8227. Sinking fund not required for small borrowings.
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§ 8227. Sinking fund not required for small borrowings.
A local government unit may, but shall not be required to, comply with the provisions of this subchapter in respect of notes issued in compliance with section 8109 (relating to small borrowing for capital purposes).
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SUBCHAPTER C
REFUNDING OF DEBT
Sec.
8241. Power to refund.
8242. Treatment of costs upon refunding.
8243. Limitation on extending term of debt by refunding.
8244. Effect of debt limits on refunding nonelectoral bonds or notes or lease rental debt.
8245. Refunding of electoral debt.
8246. Procedure for authorization, sale, issue and approval of refunding bonds or notes.
8247. Special limitation on refunding of funding debt.
8248. Approval of refunding by the electors.
8249. Refunding with bonds of another type.
8250. Use of proceeds of refunding bonds and when refunded bonds are no longer deemed outstanding.
8251. Cessation of interest on called bonds or notes.
Cross References. Subchapter C is referred to in section 8109 of this title.
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