Termination of fiscal emergency and suspension of powers

Act 47 of 1987, § 608, under MUNICIPALITIES FINANCIAL RECOVERY ACT.

Act 47 of 1987, § 608

Section 608. Termination of fiscal emergency and suspension of powers.

(a) Fiscal emergency.--A fiscal emergency shall end upon certification by the secretary that the municipality:

(1) is solvent and is not projected to be insolvent within 180 days or less; and

(2) is able to ensure the continued provision of vital and necessary services after the termination of the fiscal emergency.

(b) Governor's powers.--The emergency powers of the Governor under this chapter shall be suspended upon the enactment and continued implementation of an ordinance under section 607 or entry of a judicial order appointing a receiver under section 702.

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