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Code · Pennsylvania · Title 74 — TRANSPORTATION · Chapter 17

§ 1773. Limitation on authority under Federal bankruptcy code.

116 words·~1 min read·/pa/title-74/chapter-17/1773

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§ 1773. Limitation on authority under Federal bankruptcy code.
So long as an authority shall have outstanding any bonds issued under this chapter, the authority shall not be authorized to file a petition for relief under 11 U.S.C. Chapter 9 (relating to adjustment of debts of a municipality), and no public officer or agency or instrumentality of the Commonwealth shall authorize the authority to become a debtor under 11 U.S.C. Chapter 9 so long as any bonds issued under this chapter are outstanding.
74c1781h
SUBCHAPTER E
MISCELLANEOUS PROVISIONS
Sec.
1781. Exemption from taxation.
1782. Rights and remedies preserved.
1783. Officers and employees continued.
1784. Continuance of bonds.
1785. Repeal.
1786. Special prosecutor for mass transit.
74c1781s
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