GroundRules
53 Pa.C.S. § 8128: Condition precedent to validity of tax anticipation notes.
Where this section sits in the code
- Title 53 - MUNICIPALITIES GENERALLY
- PART VII TAXATION AND FISCAL AFFAIRS
- SUBPART B INDEBTEDNESS AND BORROWING
- CHAPTER 81 INCURRING DEBT AND ISSUING BONDS AND NOTES
- SUBCHAPTER B TAX ANTICIPATION NOTES AND FUNDING DEBT
No tax anticipation note shall be valid or obligatory in the hands of an original purchaser until certified copies of the authorizing and awarding resolution, the certificate as to the taxes and revenues remaining to be collected and a true copy of the accepted proposal for the purchase of the tax anticipation notes shall have been filed with the department. No approval by the department shall be required.
Collected 2026-09-02T16:34:08Z. Source file · JSON