§ 8271. Failure to obey sinking fund directive of department.
158 words·~1 min read·
/pa/title-53/chapter-82/8271A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 8271. Failure to obey sinking fund directive of department.
Any officer or any member of the governing body of any local government unit who refuses or neglects to obey any order of the department made under Subchapter B (relating to sinking funds and other funds and accounts) concerning sinking funds or who refuses to furnish requested information required by the department or refuses agents of the department access to any books, records or documents relating to sinking funds commits a misdemeanor of the third degree and shall, upon conviction, be sentenced to pay a fine not more than $500 for each day of violation.
53c8281h
SUBCHAPTER F
INTEREST RATE RISK AND INTEREST COST MANAGEMENT
Sec.
8281. Qualified interest rate management agreements.
8282. Covenant to pay amounts due under qualified interest rate management agreements.
8283. Remedies.
8284. Notice and retention of records.
8285. Financial reporting.
Enactment. Subchapter F was added September 24, 2003, P.L.110, No.23, effective immediately.
53c8281s