74 Pa.C.S. § 1773: Limitation on authority under Federal bankruptcy code.
Where this section sits in the code
- Title 74 - TRANSPORTATION
- PART II PUBLIC TRANSPORTATION
- CHAPTER 17 METROPOLITAN TRANSPORTATION AUTHORITIES
- SUBCHAPTER D FUNDS AND BONDS OF AUTHORITIES
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.
Collected 2026-09-02T16:35:43Z. Source file · JSON