Pennsylvania · Through 2026-08-24 (Statute Update stamp, 53 Pa.C.S.)

53 Pa.C.S. § 5510.11: Limitation on authority under Federal bankruptcy code.

Where this section sits in the code

Title 53 - MUNICIPALITIES GENERALLY
PART V PUBLIC IMPROVEMENTS, UTILITIES AND SERVICES
SUBPART A GENERAL PROVISIONS
CHAPTER 55 PARKING AUTHORITIES

(a) General rule.--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.

(b) Applicability.--This section shall only apply to authorities in cities of the first class.

Collected 2026-09-02T16:34:08Z. Source file · JSON

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