Public and private meetings

Act 47 of 1987, § 223, under MUNICIPALITIES FINANCIAL RECOVERY ACT.

Act 47 of 1987, § 223

Section 223. Public and private meetings.

(a) Public meetings authorized.--The coordinator may hold public meetings as defined in 65 Pa.C.S. Ch. 7 (relating to open meetings), in connection with plan preparation.

(b) Private meetings authorized.--Notwithstanding the provisions of 65 Pa.C.S. Ch. 7, private negotiation sessions may be conducted by the coordinator between the municipality and the individual creditors in an effort to obtain the consent of each creditor to the proposed adjustment and handling of specific claims against the municipality.

(223 amended Oct. 31, 2014, P.L.2983, No.199)