Issue of bonds

Act 62 of 1984, § 10, under CAPITAL BUDGET ACT OF 1983 - 1984, SUPPLEMENT.

Act 62 of 1984, § 10

Section 10. 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 the estimated useful life of the projects being financed as stated in section 11.