{"data":{"id":"us-pa/11-pa.c.s.-11811.2","jurisdiction":"us-pa","citation":"11 Pa.C.S. § 11811.2","heading":"Borrowing in anticipation of current revenue.","body":"In accordance with 53 Pa.C.S. Pt. VII Subpt. B (relating to indebtedness and borrowing), cities may:\n(1) borrow money in anticipation of current revenues to an amount of not more than the anticipated current revenues, which shall be pledged for the payment of the loan or loans; and\n(2) issue notes or other forms of obligation in evidence of the debt.","path":["Title 11 - CITIES","PART V THIRD CLASS CITIES","CHAPTER 118 ACCOUNTS AND FINANCES"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=11\u0026div=0\u0026chpt=118\u0026sctn=11\u0026subsctn=2","current_through":"2025-03-10 (Statute Update stamp, 11 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:30:53Z","sha256":"a98ec971173d0807ea84558ee3cfa2fdf5d472a6a2990def692d946b0048bd38","source_id":"us-pa","stale":false,"prev":"us-pa/11-pa.c.s.-11811","next":"us-pa/11-pa.c.s.-11812"},"notice":"GroundRules: Original legal text. Not legal advice."}