Issue of bonds

Act 235 of 1982, § 8, under HIGHWAY-RAILROAD AND HIGHWAY BRIDGE CAPITAL BUDGET ACT FOR 1982-83.

Act 235 of 1982, § 8

Section 8. Issue of bonds.

The indebtedness herein authorized 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, Auditor General and State Treasurer shall determine, but the latest stated maturity date shall not exceed 30 years from the date of the bond first issued for each such series.