GroundRules
53 Pa.C.S. § 8225: Management of sinking and other funds.
Where this section sits in the code
- Title 53 - MUNICIPALITIES GENERALLY
- PART VII TAXATION AND FISCAL AFFAIRS
- SUBPART B INDEBTEDNESS AND BORROWING
- CHAPTER 82 MISCELLANEOUS PROVISIONS
- SUBCHAPTER B SINKING FUNDS AND OTHER FUNDS AND ACCOUNTS
The management and control of sinking and other funds and investments thereof subject to the provisions of this subpart shall be vested in the governing body of the local government unit except:
(1) Where by any other law there has been created any board or commission for the management and control of sinking funds of a particular class of local government units, in which case the board or commission shall have the management and control of the sinking funds of the local government units.
(1.1) To the extent otherwise provided by this subpart.
(2) To the extent otherwise lawfully provided in any contract with the holders of bonds or notes.
Collected 2026-09-02T16:34:08Z. Source file · JSON