Issue of bonds

Act 128 of 2014, § 6, under CAPITAL BUDGET AND PROJECT ITEMIZATION ACT OF 2014-2015.

Act 128 of 2014, § 6

Section 6. Issue of bonds.

The indebtedness authorized in this act shall be incurred from time to time and shall be evidenced by one or more series of general obligation bonds of the Commonwealth in such aggregate principal amount for each series as the Governor, the Auditor General and the State Treasurer shall determine, but the maximum term of the debt authorized to be incurred under this act is 30 years.