Indebtedness

Act 69 of 1933, § 1509, under SECOND CLASS TOWNSHIP CODE, THE.

Act 69 of 1933, § 1509

Section 1509. Indebtedness.--The board of supervisors may incur indebtedness and issues notes, bonds or other evidence of indebtedness under the act of July 12, 1972 (P.L.781, No.185), known as the "Local Government Unit Debt Act," to provide sufficient moneys for any expense of the township.

Compiler's Note: The act of July 12, 1972 (P.L.781, No.185), known as the Local Government Unit Debt Act, was repealed by the act of December 19, 1996 (P.L.1158, No.177). The subject matter is now contained in 53 Pa.C.S. Pt. VII Subpt. B (relating to indebtedness and borrowing).